Changing the approach to ESG regulation after Brexit

'Clear divergence from the EU'

It is not a secret that the EU has led the ESG regulatory race, but the onset could soon provide the City with the agility, flexibility and speed to eclipse other jurisdictions.

ESG has taken the spotlight over the past couple of years due to climate change concerns. In 2021 alone, there was an estimated $120bn poured into sustainable investments - and with so much at stake, it comes as no surprise that many are battling for the lead role.  In the late Queen's speech earlier this year, the government announced plans to revoke EU financial services regulations and replace them with rules which are "designed for the UK". Since, the FCA has in October launched its own consultation into Sustainable Disclosure Requirements (SDR) and investment labels. A clear dive...