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We believe in transparency and in sharing what we’re doing with our members, levy payers and other stakeholders. We’re committed to clear and robust reporting and require the same from our managers and underlying issuers.

We’re pushing for greater transparency in reporting across our investment portfolio and the pensions and investment industries as a whole. This includes aligning our reporting with best practice guidance such as TCFD and the UK Stewardship code.

In 2021 we published a first dedicated climate TCFD report while continuing to include a summary of TCFD disclosures in our Annual Report and Accounts.

To make our disclosures as transparent and accessible as possible, we’ve taken an industry-leading approach by publishing our responsible investment, climate change and operational sustainability actions in one Sustainability Report. This report replaces our Climate change and Responsible investment reports, that are still available on this page.