At LPPI, we recognise that transparent disclosure is essential to enabling our partner funds and broader stakeholders to hold us to account. Our 2024 TCFD Entity Report reinforces this commitment, offering a clear view into how we are identifying, assessing, and managing climate-related risks and opportunities across our business and investment activities. We view reporting not just as a regulatory requirement, but as an opportunity to be open about the progress we are making, the challenges we are navigating, and the evolving context in which we operate.

We believe that when data is accompanied by thoughtful reflection and honest insight, it fosters a deeper understanding of our stewardship approach. This year’s report highlights our continued evolution—including expanding net zero target coverage and launching our Environmental Opportunities Fund. These developments help build confidence in our strategy and reinforce the long-term value we aim to deliver for those we serve.

The Financial Stability Board established the Taskforce on Climate-Related Financial Disclosures (TCFD) in 2015 to improve and increase reporting of climate-related financial information. TCFD Recommendations and Recommended Disclosures, published for voluntary adoption in 2017, have progressively become part of compulsory disclosure requirements. The  Financial Conduct Authority requires firms to prepare and publish a report consistent with the TCFD Recommendations and Recommended Disclosures for our company as well as TCFD reports for our authorised funds (TCFD product reports) by end of June each year.