UK ESG

Overview

The UK ESG policy is mainly developed by the Financial Conduct Authority. The ESG Advisory Committee  under the FCA participates in the formulation of ESG information disclosure, ESG data products regulations and ESG strategic planning.

UK ESG development is consistent with international standards and the climate information disclosure standards will be established based on IFRS S1 and IFRS S2. The UK also has a long history in investor stewardship.

FCA

FCA Releases DP on Sustainable Governance for Financial Companies

The Financial Conduct Authority (FCA) of the United Kingdom issued a discussion paper on sustainable governance for financial companies to solicit governance opinions related to sustainable development. FCA believes that the financial industry needs to play an important role in the process of net zero transition, and the sustainable governance of financial companies is becoming more important