Climate-Risk Reporting Challenges To Ease, Says Regulator

By Joel Poultney (June 10, 2022, 1:14 PM BST) -- The Pensions Regulator said on Friday that teething problems for new mandatory climate and sustainability disclosures highlighted by the retirement-savings sector will pass as it adapts to the reporting obligations introduced to comply with international climate-change targets.

David Fairs, executive director at TPR, acknowledged challenges faced by trustees of retirement savings plans now obliged to disclose how their investments make good on climate-related regulatory requirements brought by the U.K.'s Department for Work and Pensions in October.

But Fairs wrote on a blog to members on Friday that "ultimately, we believe the disclosure requirements should be seen not only as an exercise in...

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