Archive

UK confirms plan to regulate ESG ratings providers

Providers of environmental, social and governance (ESG) ratings face being regulated in the UK under a plan put forward by the country's government which could make it the first country to do so.

Assurance key to development of climate reporting, says FCA

Developing a framework for assurance of company disclosures will be important to the next stage of the UK's climate reporting regime, according to a senior regulator.

UK regulators point to rising expectations for company TCFD reports

The regulators overseeing climate-related disclosure rules for UK-listed companies say they are likely to step up enforcement, as they look to address issues they identified in the latest reporting cycle.

FCA exec: Greenwashing is 'huge reputational risk'

The financial industry must acknowledge 'greenwashing' and consider how to prevent it, an executive at the UK's Financial Conduct Authority (FCA) said, warning it is a "huge reputational risk".

UK taskforce to develop transition plan 'gold standard'

The UK treasury has created a 'transition plan taskforce' to develop what it says will be "the gold standard" for climate transition plans by UK financial institutions and listed companies, in a move that is believed to be the first of its kind.

News round-up: FCA, Yale, MSCI and CIP

UK FCA appoints newly created ESG head after remit change

'Greenwashing' is a major challenge for 2020, warns LGIM

Greenwashing "will be one of the biggest challenges to asset managers in 2020," according to Sacha Sadan, director of investment stewardship at Legal & General Investment Management (LGIM).

LGIM urges greater climate action in letter to CEOs

Legal & General Investment Management (LGIM) has issued a rallying call for companies to act faster on climate change, in a letter to the CEOs of some of the world's largest companies.