The Church Pension Fund reports annually on the progress of its activities and objectives under the Climate Change Strategy. This reporting is part of the annual reporting on the responsible investment of the Pension Fund, which is approved annually by the Board of Directors of the Church Pension Fund.
The Pension Fund reports on climate change according to the TCFD recommendations. TCFD (Task Force on Climate-related Financial Disclosures) is an expert group set up by the G20 Financial Stability Board that has prepared voluntary recommendations on climate change reporting for companies and investors. The TCFD recommendations cover issues related to climate change from the perspective of governance, strategy, risk management, metrics & targets.