Analysis for Tesco-Annual-Report-2023.md
Per-document runtime (s): 423.585
Summary
The document is a trustee’s summary of contributions to the Tesco PLC Pension Scheme for the period from 1 April 2022 to 31 March 2023. The summary sets out the employer and member contributions payable to the scheme, as certified by the scheme actuary on 21 December 2022 and 5 January 2023. The trustee’s auditor reports on contributions payable under the schedules in their auditor’s statement about contributions.
The document also includes a scope of work on the statement about contributions, which involves obtaining evidence sufficient to give reasonable assurance that contributions reported have been paid at least in accordance with the schedules of contributions. Additionally, it outlines the respective responsibilities of the trustee and the auditor, as well as other information such as the use of the going concern basis of accounting and the scope of work on the statement about contributions.
The document also includes a fund account for the year ended 31 March 2023, which describes the governance procedures, voting during the year, and how the policies in the Statement of Investment Principles (SIP) were followed when voting and engaging with companies. It also outlines the support provided by the Investment and Risk Committee (IRC) and the Responsible Investment Committee (RIC).
Key metrics include:
- Employer contributions: £21.3 million
- Member contributions: not specified
Targets and actions are not explicitly stated in the document.
meta:
Estimated sentence count: 888
Key terms: Trustee's Summary of Contributions, Tesco PLC Pension Scheme, Schedules of Contributions, Scheme Actuary, Auditor's Statement about Contributions, Going Concern Basis of Accounting, Statement of Investment Principles (SIP), Investment and Risk Committee (IRC), Responsible Investment Committee (RIC)
Presence by Category (final)
| Category | Present |
|---|---|
sustainable_development |
— |
responsible_investment_esg |
✅ |
green_growth |
— |
net_zero |
✅ |
decarbonization |
✅ |
transition_finance |
— |
conservation_finance |
— |
Stance & Sentence share (final)
| Category | Sentence share | Stance |
|---|---|---|
responsible_investment_esg |
2 | Favour |
net_zero |
3 | Favour |
decarbonization |
2 | Favour |
Reviewer 1 (Presence) — outcomes
Consistency score: 90
Confidence: high
Adjustment log
- Removed ‘sustainable_development’ based on lack of evidence in context
- Added ‘responsible_investment_esg’, ‘net_zero’, and ‘decarbonization’ as present, with relevant evidence quotes
Reviewer 2 (Stance & Prevalence) — outcomes
Consistency score: 95
Confidence: high
Adjustment log
- Added ‘net_zero’ category with sentence_share 3 based on evidence of the Trustee aiming for the Scheme’s portfolio to reach net-zero carbon emissions by 2050.
- Adjusted ‘decarbonization’ sentence_share from 2 to 3 to better match the increased focus and commitment towards achieving net-zero carbon emissions.