ESG & Pension Schemes - The Latest Developments - Live at Your Desk

Introduction

Presented by expert speaker Carolyn Saunders, a specialist pensions lawyer for almost 30 years, this new virtual classroom seminar will examine the impact of ESG factors on pension schemes. It will also discuss forthcoming developments in this area.

What You Will Learn

This live and interactive session will cover the following:

• Duties and Obligations of Pension Schemes around ESG
• What the trustee fiduciary duty means in this context, including discussion of the 2014 Law Commission report on fiduciary duty and of developments since then
• The regulatory requirements on ESG for trust-based and contract-based pension schemes
• Relevant Documentation and Reporting Requirements
• An examination of regulation and industry guidance in relation to:
• The Statement of Investment Principles
• Implementation Statements
• TCFD reports
• The Pension Schemes Act 2021 Requirement for Effective Governance of Climate Risk and Opportunity
• What schemes will need to do and, specifically, the processes that they will need to put in place to comply with best practice governance requirements
• The role and risks of net zero commitments
• The Member Perspective
• Canvassing and taking account of member views
• ESG as a member engagement tool, including differences in approach between defined benefit and defined contribution schemes
• Forthcoming Developments
• Transition plans
• Protecting biodiversity - nature-related financial disclosures
• Social factors

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.