occupational pension schemes.
Since publication of the Roadmap, new TCFD aligned reporting requirements have been introduced on a comply or explain basis for premium listed companies, legislation has been introduced in relation to TCFD reporting for large occupational pension schemes and the UK government has just recently published a consultation regarding mandatory TCFD climate-related disclosures for other publicly quoted companies (including large banks and insurers already subject to climate related reporting), large private companies and limited liability partnerships.
Building on these initial steps, the UK Government and regulators plan consultations on further measures for asset managers, life insurers, and other pension schemes over the course of 2021.
Yves here. Get a cup of coffee. This is an in-depth but accessible discussion of how the Big Tech monopolists abused their powers to secure and perfect their advantaged positions. The good news is that the government sleeping giant has awoken to the threat they pose to its authority, and it pulling out antitrust weapons with the aim of cutting the monopolists down to size.
Consider a conversation Alastair Mactaggart had among friends at a social outing. The San Francisco real estate developer asked an engineer working for Google whether we should be worried about privacy. “Wasn’t ‘privacy’ just a bunch of hype?” Mactaggart asked. The Google engineer’s reply was chilling: “If people just understood how much we knew about them, they’d be really worried.”