UK
March 28, 2023
Poor data is stalling UK agriculture’s net zero drive, report warns
A government-commissioned study has called for better access to information and warns about a lack of guidance for farmers. A group commissioned by the Department...
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March 27, 2023
UK pension schemes could improve climate disclosures, regulator finds
A review of selected UK pension schemes’ annual climate reports finds that more could be done, as funds come to terms with new regulations on...
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March 21, 2023
UK regulator ties water companies' dividends to environmental performance
Ofwat is using new powers to prevent water companies from paying shareholders without first accounting for the interests of customers and the environment. UK water...
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March 21, 2023
UK financial regulator demands improvements on ESG benchmarks
The FCA has told benchmark administrators that they are failing to correctly implement ESG benchmarks’ methodologies. The Financial Conduct Authority has written to ESG benchmark...
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March 20, 2023
Policymakers tackle permitting bottlenecks in wind
Governments and policymakers in the UK and Europe have heeded the wind industry’s calls to reduce permitting bottlenecks, yet concerns persist over grid connections and...
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March 20, 2023
BoE to assess changes for capital frameworks on climate risk
The Bank of England will carry out more work on climate change and regulatory capital frameworks for banks and insurers. The Bank of England is...
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March 17, 2023
Will nuclear’s entry into UK taxonomy spur ESG fund investment?
The chancellor’s announcement that nuclear power will now be classified as “environmentally sustainable” could pave the way for some investment funds with an ESG focus to look again at the...
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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 government has rebranded a pillar...
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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 the EU plans to implement...
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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 and the Centre for Economics...
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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 could increase by £500mn every...
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