Climate reporting by Pension funds - issues and challenges

Activity: Talks and presentationsTalks and presentations in private or public companies

Description

Do you work for or pay into a large pension fund? Have you reflected on the performance and transparency of pension funds as they relate to climate action- are they walking the talk, or is it all just greenwashing?

As the largest institutional asset owners in the world, how pension funds adapt and act in response to climate change can have huge ripple and material effects throughout the global financial community, corporate world, society and planet earth. What do we know about the levers and strings that drive their behaviour?

This webinar examines the latest climate-related trends, best practices and reporting challenges of a sample of the largest pension funds based in seven OECD countries; Australia, Canada, Denmark, Netherlands, Sweden, UK and USA. Their combined assets are worth US$12 trillion.

How are these important financial institutions meeting:
• their members' accountability expectations?
• regulatory and voluntary reporting obligations?
• Net-zero, ESG and climate-change ethical disclosure issues?
• double materiality impact of climate-related financial risks?
The presentation draws on the findings of the Danish Government-funded study by Dr Paul Klumpes, Climate Change Reporting by Pension Funds: International Evidence.

Learning outcomes
• Mapping of the key global and regional (e.g. European Union, USA ) actors in the climate-related pension fund space
• Overview of the national and international regulations on climate reporting by pension funds
• Better understanding of the issues facing pension funds to meet members’ climate-related accountability expectations
• Delineation between Net-zero, ESG and climate-related ethical disclosure issues for pension funds
• Comparative trends and examples of best practice climate-reporting vis-à-vis green washing by pension funds across seven OECD countries
Period13 Dec 2022
Held atCPA Australia, Australia
Degree of RecognitionInternational

Keywords

  • climate change
  • pension funds
  • international