UK
March 14, 2023
UK to expand decarbonisation requirements for combustion power plants
The UK government plans to remove the 300MW threshold to include smaller plants, extending "decarbonisation readiness" requirement to all but the specifically exempt. The UK...
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March 9, 2023
What could the EU’s CBAM mean for emerging markets?
The EU mechanism to reduce carbon emissions related to imports could cause issues for developing countries, experts warn. The carbon border adjustment mechanism (CBAM), which...
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March 8, 2023
Female participation in UK finance more than 30% down since 1997
New report highlights women's persistent challenges in reaching senior positions and mirrors the findings of similar research across Europe. Analysis from the London Stock Exchange...
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March 7, 2023
UK CBAM could lift domestic industry steel orders by £500mn, says campaign group
A carbon border adjustment mechanism could help to increase demand for UK-produced steel, according to research by campaigner CleanTrade. Construction industry orders of UK-made steel...
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UK climate minister slammed for backing new oil and gas licences
Minister for energy security and net zero tells Conservative meeting that granting new fossil fuel licences is not against the UK’s net zero commitments, and...
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March 2, 2023
UK competition watchdog likely to accept sustainability agreements following guidance
The Competition and Markets Authority has published its guidelines on collaborative sustainability deals between companies, and opened it up to consultation. The UK’s Competition and...
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March 1, 2023
UK government launches social task force for pensions industry
The task force will look to identify reliable data sources to help schemes navigate “social risks and opportunities”. A new task force has been set up in the UK to...
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February 27, 2023
Explainer: Where does the UK stand with its taxonomy?
The British government is biding its time over legislating for its green taxonomy. The UK taxonomy, which will aim at defining environmentally sustainable investments through a common framework, was due...
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February 27, 2023
UK pensions regulator threatens fines in clampdown on schemes’ ESG disclosures
The Pensions Regulator is increasing its scrutiny of pension schemes’ compliance with ESG disclosure rules. Pension schemes will be contacted by The Pensions Regulator to confirm that the watchdog is...
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February 22, 2023
UK parliament weighs adding climate assessment to banking regulator’s duties
The Prudential Regulation Authority would be asked to consider the impact of climate change on financial stability, and review institutions’ exposure to fossil fuels, under tabled amendments to the Financial...
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