Archive

TCFD reports of limited value, investor groups say as they endorse cuts

The UK should abandon Task Force on Climate-related Financial Disclosures (TCFD) reporting by investment firms, replacing the "overly prescriptive" rules with lighter-touch requirements, investor groups told the country's regulator.

UK invites voluntary reporting as it reveals sustainability standards

The UK government has invited companies to use newly published UK Sustainability Reporting Standards (SRS) voluntarily, ahead of mandatory requirements being revealed in coming months.

UK to incorporate climate risk in pensions' fiduciary duty guidance

Resilience-adjusted capital requirements top GFI wish list to boost investment

People Moves, 19 September: EBRD, Chi Impact ... and more

Disappointment as UK abandons plans for green taxonomy

The UK government has scrapped plans to create a green taxonomy like the EU's, citing market feedback which criticised implementation of the latter and led the UK to prioritise work in other areas including transition planning.

UK consults on transition plan rules, ISSB-aligned standards

The UK Government has launched consultations on mandatory transition planning, UK Sustainability Reporting Standards (SRS) and assurance of sustainability reporting, as it aims to "secure the City of London's place as the sustainable finance capital of the world".

Simplified Stewardship Code says investors should 'have regard to' sustainability outcomes

The final text of the revised UK Stewardship Code has been published, confirming a changed definition of stewardship which some observers criticised as weakened, with signatories told to 'have regard to' the environment and society when exercising their rights.

What is the impact of the SDR's impact label?

The UK's regime has helped bring clarity to the impact label and could be copied by the EU, writes Jennifer Forrest

UKSIF pitches taskforce to study how ISSB can reduce pensions reporting burden

Regulators should sponsor an industry group to study how the sustainability-related "reporting burden" on UK pension schemes can be reduced in the transition to International Sustainability Board Standards (ISSB) reporting, an investor group said.