jurisdiction: UK
November 8, 2022
UK Transition Plan Taskforce publishes disclosure framework
The taskforce announced at COP26 has published reporting requirements and created a "sandbox" to allow companies test implementation. There is no shortage of private sector...
read more
October 31, 2022
Bank of England given dire warning on climate risk
An open letter addressed to the UK’s central bank offers a warning on – and solution to – the “finance-climate doom loop” threatening economic stability....
read more
October 17, 2022
What will be left of sustainable finance policies under the new UK government?
Regulatory initiatives that were set out by Boris Johnson’s government largely remain pending, leaving market participants wondering what the new administration’s net zero strategy will...
read more
August 18, 2022
Why biomass has become a burning issue
After Britain’s business secretary commented that imported wood pellets may not be a sustainable energy source – even as the UK continues with its biomass...
read more
July 21, 2022
Regulatory Briefing: UK FCA’s own climate disclosures
In its own climate-related financial disclosure, the UK’s financial markets regulator highlights that current policies would lead to a “hot house world" scenario, which could...
read more
July 13, 2022
Next UK leader must remain committed to climate, say business groups
Advocacy groups representing UK-based businesses are urging Conservative party leadership candidates not to row back on the net zero target and other sustainability commitments. Business...
read more
Continue reading
July 11, 2022
UK directors’ code of conduct awaits government response amid political turmoil
The Institute of Directors has urged the UK business secretary to commission a high-level working group to draft a code on business conduct and accountability. The UK Institute of Directors...
Read more
June 13, 2022
UK pensions regulator to review initial TCFD reports
TPR will review pension funds’ published Task Force on Climate-related Financial Disclosures reports in the coming months, it has disclosed. In a blog post authored by David Fairs, executive director of...
Read more
May 26, 2022
Regulatory Round-up: ISSB’s digital taxonomy, TNFD’s consultations, delayed timeline for the Integrity Council for the Voluntary Carbon Market
The International Sustainability Standards Board is consulting on how best to make ESG data machine-readable from the start once it publishes its forthcoming sustainability disclosure standards. The digital sustainability taxonomy...
Read more
April 5, 2022
ESG ratings under regulatory scrutiny
While European policymakers request greater transparency on sustainable investment, the role of rating agencies warrants further examination. Under the EU’s Sustainable Finance Disclosure Regulation, investors in the most ambitious and...
Read more
March 30, 2022
Lessons from climate risk pooling
Countries such as Australia, the US and the UK have developed financing solutions to deal with the aftermath of severe weather events, and are now taking stock of past experience....
Read more