• UK government announces green sovereign bond and climate disclosure plan

    09 November 2020

    The UK government has announced plans to issue its first green sovereign bond in 2021, as well as making for climate-risk disclosures mandatory for major companies by 2025.

  • UK lawmakers urged to strengthen ESG focus of pension funds

    05 November 2020

    UK legislators were urged to back a law to compel managers of the £2.8 trillion ($3.6 trillion) in pension fund assets to consider environmental, social and governance (ESG) factors as part of their fiduciary duty to clients, including through the creation of a Scandinavian-style ethics council.

  • Only a matter of time' before TCFD becomes mandatory in UK, says BofE

    20 October 2020

    Bank of England (BofE) markets executive director Andrew Hauser said you can "reasonably expect" adoption of recommendations outlined by the Task Force on Climate-related Financial Disclosures (TCFD) to become mandatory in the UK.

  • UK regulator proposes tightened climate-risk disclosure demands

    09 March 2020

    The UK financial services regulator has announced it is considering new climate-related disclosure requirements for most of the major firms listed in the country, despite disappointment from campaigners that its proposals were not mandatory.

  • FCA requires personal pension governance committees to consider ESG issues

    19 December 2019

    The Financial Conduct Authority (FCA) has introduced a policy requiring the independent governance committees (IGCs) of personal pension plans to "check and challenge" pension providers over their environmental, social and governance (ESG) engagement.

  • UK regulator prepares ‘comply or explain’ TCFD rules

    17 October 2019

    The UK’s financial conduct watchdog will consult on new rules to encourage disclosure of climate-related risks by financial firms in early 2020.

  • UK pensions advised to pursue decarbonisation with climate risk checklist

    26 April 2018

    A checklist for pension fund trustees to consider climate risk in their investments has been launched which encourages UK schemes to adopt targets for reducing carbon-intensive holdings and consider divestment.

  • The role of ESG in fiduciary duty needs clarity

    27 December 2017

    Investors should endorse the European Commission's mission to clarify how environmental, social and governance (ESG) factors form a central part of their fiduciary duty, Nathan Fabian says

  • UK pension funds could be required to state ESG policy

    18 December 2017

    UK pension trustees could be required to state their investment policies on environmental, social and governance (ESG) factors, as well as their approach to voting and engagement, with the introduction of new regulation next year.