Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate change
• Responsible investment
• ESG factors

Environmental Achievements

• Further incorporated ESG and climate-focused factors into its investment strategy through changes to its Guided strategies and introduced new funds into its Customised fund range.

Social Achievements

• Not disclosed

Governance Achievements

• Enhanced the extent to which environmental, social and governance (ESG) factors, including managing climate change risk, were integrated into the Guided strategies.
• Enhanced the Customised fund range to introduce three new responsible investment funds.

Climate Goals & Targets

Environmental Challenges

• Some actively managed funds underperformed during the reporting period.
• One error relating to the processing of core financial transactions (overpayment reimbursement).

Mitigation Strategies

• The Trustee is carefully monitoring underperforming funds and will take action if necessary.
• XPS rectified the error, ensuring the member suffered no loss and implemented measures to prevent recurrence.
• Ongoing work with XPS to improve the timing of processing member contributions.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed