Pensions regulator issues first-ever climate reporting fine to ExxonMobil Pension Plan

Jasmine Urquhart
clock • 1 min read
Pensions regulator issues first-ever climate reporting fine to ExxonMobil Pension Plan

ExxonMobil Pension Plan fined £5,000 for failing to meet TCFD reporting requirements

The Pensions Regulator (TPR) has issued a fine against the ExxonMobil Pension Plan for failing to report against new Taskforce for Climate-related Financial Disclosures (TCFD) requirements, in the first...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

View profile
More from Jasmine Urquhart

People's Pension details climate stewardship push in first responsible investment report

LPFA claims majority of its £8bn pension fund now 'managed for climate resilience'

More on Management

Mandarin Oriental's Kandé Camara: 'Developing a strategy can be a long and sometimes lonely process'
Management

Mandarin Oriental's Kandé Camara: 'Developing a strategy can be a long and sometimes lonely process'

Kandé Camara sheds light on Mandarin Oriental's new sustainability platform, and how setbacks arise when well-intentioned initiatives are too idealistic to implement

Stuart Stone
Stuart Stone
clock 27 October 2026 • 8 min read
Study: Almost all firms setting sustainability targets - but fewer than half explain poor performance
Management

Study: Almost all firms setting sustainability targets - but fewer than half explain poor performance

While sustainability strategies, materiality assessments, reporting, and targets have ‘matured considerably’, they’re not yet shaping business decisions, WBCSD claims

Stuart Stone
Stuart Stone
clock 22 October 2026 • 4 min read
B Lab names Peter Williams as first global CEO in movement's 20-year history
Management

B Lab names Peter Williams as first global CEO in movement's 20-year history

Former World Bank, Gates Foundation, and European Union advisor appointed to lead global standards setter

Stuart Stone
Stuart Stone
clock 21 October 2026 • 3 min read