Questions raised about TCFD reporting for DC

It is questionable whether partaking in the Taskforce for Climate-related Financial Disclosures (TCFD) leads to benefits for master trusts or the wider industry, a report has found. The report from the DC Investment Forum (DCIF) surveyed TCFD reports from 14 master trusts in the second part of a two-part series, after the requirement to publish climate progress was first established in 2022. Report author and newly-appointed Newton Investment Management head of product advocacy Nico Aspinall said it was "almost impossible" to make comparisons between schemes in terms of how they manag...