The IFoA carries out regular thematic reviews and information gathering exercises looking at topics, roles, and/or areas of work relevant to actuaries. This involves reviews of how work is carried out in practice by actuaries, including a review of the work itself.
Outputs of these reviews and exercises explain and present the scope of the reviews as well as provide relevant analysis, findings, and/or recommendations.
The IFoA Review Team has published its eleventh report Actuarial involvement in climate and sustainability work.
The aim of our thematic review is to highlight examples of where actuaries are involved in working with climate and sustainability, and to focus on the need for ongoing IFoA support for actuaries working on this critical, and fast-developing risk.
The report author Alan Marshall, IFoA Review Actuary, said: “Climate and sustainability are defining issues of our time, and the skills of actuaries are making a difference in how we identify and mitigate associated risks. It is important that IFoA members are supported to continue work in influencing and leading activity in this area, and this review highlights key aspects where this can be enhanced.
“Thank you to the individuals and firms who participated in our review, providing fascinating and thoughtful insights both from their work on climate and sustainability. We also heard how actuaries can be supported to continue developing as key professionals in this field, both from a thought leadership and client delivery perspective.
“In the context of consistent scientific evidence, challenged by changing political influence, it remains hugely important for actuaries to deliver evidence-based analysis to help drive positive social, environmental, and economic outcomes.”
To support the publication of the report, we are hosting a webinar to explore the key findings on 27 January 2026 from 09:00 to 10:00. The webinar is free to all IFoA members.
Pensions: actuarial factors used to calculate benefits in UK pension schemes
For more information, please contact the Actuarial Review Team.
