Archive

GB Energy-Crown Estate partnership to channel billions into UK clean energy

The UK government has announced a partnership between its newly launched state-owned energy company Great British Energy and the Crown Estate, which could unlock up to £60 billion ($77.2 billion) in private investment for clean energy.

The next UK government's transition opportunity

British voters want the next government to seize the economic opportunities of the green transition, writes James Alexander

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