FE fundinfo’s Post

Are you ready for the TCFD deadline 𝘁𝗵𝗶𝘀 𝗦𝘂𝗻𝗱𝗮𝘆? 30th June marks the last day for asset managers with more than £5bn AUM to report in line with the TCFD framework. Discover how the Impact Cubed platform can generate your report in just one click: https://lnkd.in/gjTnYjh8 #AssetManagement #TCFD #Sustainability #Reporting #ESG #ESGData

Working in conjunction with Alpha FMC, a specialist management consultancy for the Wealth and Asset Management industries, we have developed a Taskforce for Climate Related Financial Disclosures (TCFD) guide to support #WealthManagers with publishing their TCFD reports for the first time this year or for those looking to improve their existing reporting for the future. The guide contains information on: 👉Reporting deadlines and firm requirements 👉What must be reported for entity-level and product-level reporting 👉Examples of publicly available reports that exceeded expectations for both entity and product-level reporting 👉Areas to consider for first-time report development 👉A checklist for success – steps firms can take to prepare for reporting Ensure you are up to date and read the guide now - https://pimfa.cc/Xknmq #esg #wealthmanagement #financialservices #sustainablefinance

We are delighted to share with you our latest FREE MEMBER-ONLY Task Force for Climate Related Financial Disclosures Guide (TCFD). The TCFD already applies to large firms and comes into force for firms with less than £50bn AUM and more than £5bn on 30 June this year.   Working in conjunction with Alpha FMC, a specialist management consultancy for the Wealth and Asset Management industries, we have developed a TCFD guide to support Wealth Managers with publishing their TCFD reports for the first time this year or for those looking to improve their existing reporting for the future. The guide contains information on: 👉Reporting deadlines and firm requirements 👉What must be reported for entity-level and product-level reporting 👉Examples of publicly available reports that exceeded expectations for both entity and product-level reporting 👉Areas to consider for first-time report development 👉A checklist for success – steps firms can take to prepare for reporting Ensure you are up to date and read the guide now - https://pimfa.cc/Xknmq #esg #wealthmanagement #financialservices #sustainablefinance    

I urge all PIMFA - Personal Investment Management & Financial Advice Association member firms to read this

As Gaurav Kathuria writes, asset managers are at a critical juncture with the TCFD framework, facing both challenges in data quality/access and opportunities in sustainable investment. Read more about how Pimlico Strategy & Insights can empower asset managers to navigate the complexities of TCFD, offering insights that enhance strategies for growth. https://lnkd.in/ehRg4D3M #TCFD #AssetManagement #Sustainability #ClimateRisk #FinancialInnovation #PimlicoInsights

In case you missed this breaking story earlier in the week: MEPs push for fund ESG due diligence rules after ECB paper A leading MEP says EU member states will have to make "substantial" concessions to keep asset managers out of the scope of new #ESG due diligence rules as EU policymakers meet today to try to make a final decision. Read the full story below.

FSB Task Force on Climate-related Financial Disclosures (TCFD) was recently disbanded, with IFRS Foundation taking responsibility for the TCFD recommendations. That said, TCFD guidance and its pillars remain relevant and recognizable. IFRS/ISSB modeled its climate disclosures on the TCFD pillars; they have similar disclosure requirements, however, IFRS requires more specific information whereas TCFD was more open to interpretation. Want to understand the applicability of this change to your firm? Reach out to Malk to learn more. #ESG #TCFD #climatechange #responsibleinvesting #privatemarkets

At the end of June, asset managers with over £50 billion had to publish their first entity-level reports in line with TCFD recommendations based on 2022 data. Asset managers and owners with over £5 billion should start compiling their 2023 data for publication by June 2024. In our second webinar from our “TCFD-Aligned Reporting” series (https://hubs.ly/Q025sx460), we take a deeper look into the data requirements for UK climate reporting under the FCA / DWP regulation. Learn more from FE fundinfo’s Dr. Matthias Breier about what is needed to create effective reports and prepare for the seamless implementation of your UK Climate Reporting. Watch the recording now: https://hubs.ly/Q025sx6V0 #TCFD #FEfundinfo #FundManagers #TCFDReporting #ESG #Sustainable Finance #ESGReporting

Last week, the TCFD released its sixth and final status report. Key findings include: Ninety-seven (97) of the 100 largest companies in the world have declared support for the TCFD, report in line with the TCFD recommendations, or both. Over 80% of the largest asset managers and 50% of the largest asset owners reported in line with at least one of the 11 recommended disclosures. Click here for additional highlights and findings.

The analysis of the strength and weaknesses from the market majority regarding TCFD disclosure ~