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Net zero targets are common, but many lack a clear strategy

Net zero targets are common, but many lack a clear strategy

12 Dec 2023

The TCFD framework aims to improve reporting and drive action to address climate change risks, as well as steering entities into opportunities associated with climate change. Mandatory TCFD reporting was introduced for the largest pension schemes in 2021, making 2022 the second year it has applied.

In this report, XPS presents analysis across a sample of 35 pension scheme TCFD reports summarising the key trends and learnings for schemes going forward.

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