Archive

UK implements climate consideration into all financial regulators

BoE looking at 'climate friendly' market neutrality and collateral regime

News round-up : BoE climate policy adjustment, EU ESG data tool support, Rio Tinto surprise vote backing and hellip; and more

Bank of England plans climate adjustment to asset purchase programme

Bank of England remits updated with increased focus on environment

The Bank of England has 'welcomed' the UK government's updated remit for its Monetary Policy Committee, which clarifies that the economic strategy of the government includes supporting the transition to a net zero emissions economy.

Bank of England urged to reduce climate change risk exposure by lawmakers

The Bank of England (BoE) has been urged by a group of Members of Parliament to align its £20 billion ($27 billion) asset purchase programme to the Paris Agreement and require large firms receiving help from the taxpayer during the Covid-19 pandemic to provide climate disclosures.

Sovereign green bonds now 'attractive' for debt offices, says UK debt chief

Bank of England hoax claims fossil fuel exclusion from asset purchase fund

A hoax Bank of England (BoE) press release falsely announced the central bank will exclude firms that are most exposed to climate risk from its £20 billion ($27 billion) corporate bond purchase programme.

UK endorses IFRS proposals to develop global sustainability standards

The UK government has endorsed the publication of the International Financial Reporting Standards (IFRS) consultation on a global approach to sustainability reporting, and the potential establishment of a Sustainability Standards Board.

BofE announces climate stress tests launch in June after Covid-19 delay

The Bank of England (BofE) has announced that its postponed climate stress tests will now launch in June, after the central bank used the delay due to the Covid-19 pandemic to work on the design of the exercise.