Archive

ESG ratings to be regulated by UK Government

Environmental, social and governance (ESG) ratings providers will be regulated by the UK Government, to "improve clarity and trust".

'More rigorous' standards see biennial review register big drop in sustainable assets

A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".

UK draws fire for insufficient climate finance strategy in face of US, EU plans

The UK government has been criticised by an investor group for failing to detail a comprehensive net-zero investment strategy in its latest set-piece policy announcements, placing it at risk of falling further behind the US and EU in attracting green investment.

People Moves, 20 October: Charles Stanley, Barclays, Legal & General and more

UK taxonomy working group releases final recommendations

Amidst prolonged delays to the development of the UK's taxonomy, the working group has released its final recommendations, suggesting that the Financial Reporting Council could to take over its work.

Investor group backs registry to bolster scrutiny of UK asset manager voting

A proposal to create a system for harmonised reporting of UK asset managers' voting records and a registry to host this information would enable greater scrutiny of managers' voting practices, an investor group has said.

UK prime minister under fire from industry for weakening climate policies

UK prime minister Rishi Sunak announced he would delay a ban on the sales of new petrol and diesel cars and the phasing out of gas boilers, drawing a wave of criticism from investors and corporates who say the move harms plans for the transition.

People moves, 11 August: Barclays, Finnish church pension fund, GSIA, Verra ... and more

UK delays sustainability disclosure rules - again

The publication of the UK's Sustainability Disclosure Requirements (SDR) and sustainable investment labels has been delayed again, with publication now set for the fourth quarter of this year.

UK sustainability disclosure rules delay 'reassuring'

The UK Financial Conduct Authority (FCA) has delayed publication of its final Sustainability Disclosure Regulation (SDR) policy after a "significant" consultation response,...