Commenting on the Department for Work and Pensions (DWP) Task Force on Climate-Related Financial Disclosures (TCFD) Consultation, Darren Philp, Smart Pension's Director of Policy and Communications, said:
We are very supportive of this consultation which guides pension scheme trustees in how to align with the the Task Force on Climate-Related Financial Disclosures (TCFD). Climate change is a massive issue that will have a material impact on people's retirement outcomes and it's only right pension schemes raise their game in considering their investment approach. At Smart Pension, we have recently signed up the the UNPRI and are committed to evolving our investment strategy in a responsible and impactful way.
Launched in 2015, Smart Pension exceeds £4bn in assets under management (AUM) and now serves over one million members and more than 70,000 employers. It is powered by Keystone, Smart’s global savings and investments technology platform.
Aquiline Capital Partners, Barclays, Chrysalis Investments, DWS Group, Fidelity International Strategic Ventures, J.P. Morgan, Legal & General Investment Management, Link Group and Natixis Investment Managers are all investors in Smart Pension.