From 1 October 2021 the Occupational Pension Schemes (Climate Change Governance and Reporting) Regulations (Northern Ireland) 2021 introduce new requirements relating to reporting in line with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. These aim to improve both the quality of governance and the level of action by trustees in identifying, assessing and managing climate risk.
This guidance aims to improve both the quality of governance and the level of action trustees must take in identifying, assessing and managing climate risk.
Governance and reporting of climate change risk: guidance for trustees of occupational schemes