Regulatory Briefing: investors urge UK policymakers to create green and social taxonomies

The UK must create its own “world-leading” green taxonomy and a values-based social taxonomy, the UK Sustainable Investment and Finance Association has urged. This is among the new measures it proposes in a report called ‘Delivering a Net-zero Financial Centre’. Other recommendations include increasing disclosure requirements on unlisted companies and getting the UK’s Prudential Regulatory Authority to consider tough action against investments in fossil fuels.

The document is the fruit of extensive discussions with UKSIF members, which the association says have more than £10tn in assets under management.