Task Force on Climate-Related Financial Disclosures report

Climate change is top of our agenda.

The Task Force on Climate-Related Financial Disclosures (TCFD) report sets out how we consider climate change-related risks and opportunities within the investments we manage for our members. It includes the metrics, scenarios and targets we’ve set and the investment decisions we’ve made to address climate change.

The report covers the period 1 April 2022 to 31 March 2023.

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About the TCFD

The Task Force was set up in 2015 by the Financial Stability Board to encourage companies and investors to report the financial risks from climate change. TCFD has since been adopted by policy makers and regulators, including the UK government. We released our first report in 2022.

Read the TCFD 2022 report and TCFD 2022 members summary.

More information

Find out more about our approach to responsible and sustainable investment.