Premium listed firms in the UK could be forced to ramp up their climate-related financial disclosures under new plans laid out by the Financial Conduct Authority (FCA).
In a consultation paper published on Friday (6 March) the FCA outlined proposals that would see premium listed firms either make climate-related disclosures consistent with the approach of the Taskforce on Climate-related Financial Disclosures (TCFD), which was launched by the regulator alongside the Bank of England last year, or explain why not. The proposals could also be rolled out to a wider scope of issuers. EU bids to kickstart low-carbon investment with green finance report The FCA said the TCFD will soon be publishing industry guidance covering "climate-related disclosures,...
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