'Trustees not driving sustainability progress won't stand up to scrutiny'

Or taking a different tack, if trustees don’t drive the process and look for positive opportunities now, their published reporting metrics may not stand up to scrutiny from environmental lobby groups and climate conscious members, especially as clarity in the underlying reporting improves.

This could result in significant reputational damage, accusations of greenwashing, and a headline neither trustees nor their sponsors want to see.

Andrew Aston is pensions audit director at RSM UK