Research by Hymans Roberston, a pensions and financial services consultancy, indicate that private markets managers often neglect to provide the information their clients need to sufficiently manage climate risks. This paucity in data has substantial effects on both defined benefit and defined contribution pension schemes in their ability to adhere to their reporting and governance responsibilities for the Task Force on Climate-related Financial Disclosures (TFCD).

Research by Hymans Roberston, a pensions and financial services consultancy, indicate that private markets managers often neglect to provide the information their clients need to sufficiently manage climate risks. This affects their ability to comply with the TFCD.

The research surveyed 137 funds and 59 managers in multiple sectors, including private debt, private equity, infrastructure and real estate. It found that level of climate data on their funds in these areas was shockingly low. Just over 42% of managers could provide data of all their funds and 14% offer data on select funds. Half of the managers approached did not respond.

The detail of data also varied per manager, with carbon emissions data reporting not being routine.

Source: https://www.ipe.com/news/pension-funds-climate-goals-hindered-by-private-markets-data-gaps/10061659.article