The just transition will need to rely on the finance sector to ensure the global transition to a resilient, net-zero and nature-positive economy is done in a socially inclusive and fair way, a new report has found.
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The Serious Fraud Office (SFO) has brought fraud charges against four individuals who oversaw the collapse of high street baker chain Patisserie Valerie.
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A new set of UK standards based on the IFRS Sustainability Disclosure Standards are to be rolled out that will enable companies to flag any sustainability-related risks and opportunities that they face.
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The UK government’s proposed legislation aimed at preventing local councils from imposing boycotts on Israeli goods is an attack on freedom of expression, according to civil society groups.
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The Financial Conduct Authority (FCA) has postponed the introduction of rules aimed at eradicating greenwashing across the UK’s asset management sector.
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Latest guidance by the UK pensions watchdog has urged chairs to play a key role in making boards more diverse and inclusive.
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UK SMEs left behind in green reforms February 24, 2023 Nine out of 10 UK SMEs fail to understand how the government’s 2050 net zero targets will affect their business, according to the British Chambers of Commerce (BCC). The survey of 960 SMEs, in partnership with Lloyds Bank, revealed small businesses’ lack of understanding could […]
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FRC plans common framework for 2023 February 2, 2023 The UK’s Financial Reporting Council (FRC) has committed to developing a common framework for ESG reporting in the country over the coming year. The ‘FRC ESG Statement of Intent: What’s Next’ revealed the independent regulator will establish standardised requirements for developing and reporting climate transition plans […]
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UK House of Lords debates transparency improvements for FS bill January 31, 2023 The UK’s House of Lords has debated proposed amendments to the Financial Services and Markets Bill to improve voting transparency. On January 30, the Lords considered revisions to voting reporting, which were recommended by Baroness Sheehan and Baroness Hayman. Earlier this month, […]
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FCA sets “higher bar” for greenwashing January 31, 2023 The UK regulator’s proposals to suppress greenwashing set a “higher bar” than the EU’s rules, according to the UK Sustainable Investment and Finance Association (UKSIF). Representing firms overseeing £19trn of assets, the group stated they were “strongly supportive” of the Financial Conduct Authority’s (FCA’s) proposed sustainability […]
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