We are delighted to introduce our Climate Report 2023, demonstrating our commitment to transparency on our actions to manage climate change risk in our investment portfolios.
As early adopters of the Task Force for Climate-related Financial Disclosures (TCFD) framework, this marks our third annual report following its guidelines about reporting on how we manage climate risk. This year's report is a significant milestone, with several new insights that bring our journey towards net-zero to life.
What does it include?
- Decarbonization Progress Updates: Learn about our progress in reducing carbon emissions within our investment portfolios, contributing to a more sustainable, low-carbon future at the same time as protecting the Fund against climate risk.
- Top 10 Emitters: Transparency is integral to our approach. In this report, we highlight the top 10 emitters in our portfolio, emphasising our commitment to engagement for positive change.
- Case Study Investments: We showcase practical examples of how our portfolio both actively invests in and benefits from the transition to net zero, through case study investments.
- A Statement on Divesting from Fossil Fuel Companies: We set out our plans to continue our divestment from fossil fuel companies, in line with our long-term ambitions.
- Analysis Across All Asset Classes: Our "net zero by 2050" target applies our entire investment portfolio. In this report, we provide an analysis of our investments across all asset classes, illustrating how we apply climate risk management to our entire portfolio.
The 2023 Climate Report demonstrates our commitment to safeguarding our investments from climate change risk while ensuring a sustainable financial future for the Fund. It reflects our dedication to responsible investing, and brings our fully integrated approach to life - showing our stakeholders what it means to be working towards net zero.
We invite you to explore the details of our Climate Report 2023 and join us on our journey towards a net-zero future. Our aim is to shape a more sustainable financial landscape for Wiltshire Pension Fund, resilient to the challenges of climate change.