Our latest Task Force on Climate Related Disclosures (TCFD) report for the year ending 31/12/2025 describes how, although we continue to support efforts to reduce carbon emissions, we also recognise that higher temperatures and more extreme weather may become more common in the future.
To help protect investments, and therefore also pensions, the Fund is looking at how the companies we invest in are preparing for climate-related risks, such as changing weather patterns, damage from extreme weather, supply chain disruption and rising costs.
By working with investment managers and companies, the Fund aims to keep its investments strong and resilient for the long term, while continuing to support the move to a lower-carbon economy.