On the go: Standard Life, part of Phoenix Group, is moving £15bn of assets and 1.5m pension clients to a default strategy that will mainly provide a passive, lower-cost sustainable solution.

The UK is said to be leading on climate change; however, there are examples of best practice seen internationally that schemes could follow in the push for net zero.

On the go: The £1.1bn Cushon Master Trust has appointed Wellington Management and Lombard Odier Investment Managers to handle the bond element of its new investment strategy, which focuses on sustainable investments and is launching in early 2022.

On the go: A conservative peer has called on the government to introduce a swathe of tax breaks and initiatives to encourage sustainable investing.

On the go: The Local Government Pension Committee and the Local Authority Pension Fund Forum are to arrange a call with UN special rapporteur Michael Lynk, seeking clarity over his comments on investments in contested Israeli settlements.

Industry experts have broadly welcomed proposals from the Department for Work and Pensions to introduce a suite of new climate and investment reporting requirements, but cautioned that there are still improvements to be made.

More pension schemes are committing to net zero agendas than ever before, but reporting and analysing climate-related disclosure data is no easy task for trustees.

With the TCFD requirements due to hit the biggest schemes in October, and the broader requirements of net zero putting a premium on good-quality advice, trustees will have their work cut out for them in 2022.