CACEIS - PMI Academy Learning Manual 2023
CACIES
This learning guide is for pension scheme trustees to help them develop a framework for their pension scheme to manage climate and nature-related risks.
Pension schemes and their trustees are navigating the evolving landscape of climate and nature-related risks. With an increasing focus on achieving net-zero targets, trustees are tasked with building frameworks to address climate risks and opportunities. The guide emphasizes the importance of setting net-zero policies, accessing emissions data, and evaluating asset manager commitments.
Additionally, it outlines steps for trustees to navigate the complexities of nature-related risks, offering insights on regulatory, legal, and physical risks. The guide concludes with a practical, step-by-step approach for trustees to establish a governance framework, engage with asset managers on biodiversity-related risks, and align with the Task Force for Nature-Related Financial Disclosures (TNFD). As biodiversity loss gains prominence globally, the manual underscores the fiduciary duty of trustees and the growing importance of nature-related considerations in investment strategies.