No one yet knows the path that climate change will take but we can say that the impact will be far-reaching – be that from the policy response required to control climate change or the physical impact if we fail to do so.

The forthcoming Taskforce on Climate-related Financial Disclosures (“TCFD”) requirements will allow trustees to explore how their approach could be made more resilient and manage climate-related risks and opportunities in a way that improves member security.

This guide, which follows our recent webinar on the subject, sets out the steps you can follow to make sure you have a robust approach to managing climate risk for your scheme and ensure you are able to report against the following TCFD requirements:

• Governance
• Strategy
• Risk Management
• Metrics & Targets
• Report Outcomes

You need to report how you have complied with the TCFD requirements on an annual basis. You should consider who may read your TCFD report as well as the information you want to include in your report. Our downloadable checklist, included within the guide, covers the issues you may wish to consider.

Read our interactive TCFD guide for trustees. If you have any questions about anything covered, please get in touch.

Download the guide