Reporting on carbon exposure and climate-related risks
The Trustee has now published two annual TCFD reports (including this document) and, to support these, the ISC has commissioned reports on carbon exposure analysis and scenario testing of the resilience of the investment strategy in different future climate and policy response scenarios. In preparing this year’s report, t he Trustee collected and analysed updated emissions data and previous carbon exposure analysis (to consider the year-on-year change in the data). This Trustee also considered scenario testing undertaken previously, including the need to refresh it. The Trustee, via the ISC and its advisers, reviews its strategy and engages with its investment managers based on the key findings from such analysis, as necessary.
UTC UK Pension Scheme | TCFD Report | 31 December 2023
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