HM Treasury has published its latest policy paper setting out a further roadmap on sustainable investing: Greening Finance: A Roadmap to Sustainable Investing.
Urging the private sector to treat this roadmap as a further call to action, Rishi Sunak MP explains that, "Ensuring the financial sector is equipped to play its part is vital. Aligning the financial system with a sustainable future will bring real benefits for the environment and society. It is an opportunity to boost economic growth, create jobs, and level up the UK regions."
Key issues covered by the policy paper include:
Next steps
Industry will welcome the indicative timeline (roadmap) for the steps set out in Figure C (pages 18-19) of the report. However, much of the detail is yet to come in future consultations.
What is clear, is that ESG issues will continue to grow as a priority for corporate boards, investors, the government and regulators. Alongside that growth will come opportunities and challenges, so it is critical that in-house teams prepare accordingly. Contact us for more information and to help you navigate these developments.
Authored by Yvonne Clapham
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