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UK lawmakers push for tougher financial institutions deforestation requirements
04 January 2024The UK government has been urged by a cross-party political committee to introduce mandatory reporting on deforestation and require financial institutions to carry out due diligence on their contribution to deforestation.
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UK government looking to attract 'nature recovery' investments
31 July 2023The UK government is seeking feedback from investors on how it could better attract investment in "nature recovery", and announced it may introduce measures against nature-related greenwashing.
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Bank of England urged to reduce climate change risk exposure by lawmakers
25 January 2021The Bank of England (BoE) has been urged by a group of Members of Parliament to align its £20 billion ($27 billion) asset purchase programme to the Paris Agreement and require large firms receiving help from the taxpayer during the Covid-19 pandemic to provide climate disclosures.
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UK government rejects calls for mandatory climate-related reporting
01 November 2018The UK government has rebutted calls from a parliamentary committee to require companies to make climate-related financial disclosures.
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Private sector lagging on climate disclosure, report claims
17 August 2018Private sector asset owners tend to be less prepared than their public sector counterparts to make voluntary public statements and disclosures related to climate change, a report has claimed.
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EU carbon update, 4 June 2018
05 June 2018EU Allowance prices are likely to continue to struggle this week, amid high volatility, says Louis Redshaw. However, the underlying uptrend remains strong, despite negative fundamental factors.
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Make climate risk reporting mandatory by 2022, says UK parliamentary committee
04 June 2018Asset owners and large companies based in the UK should be forced to report their exposure to climate-related risk within four years, the country's government has been told.
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‘Worryingly complacent’ UK pension funds neglect climate risk
25 May 2018Some of the largest pension funds in the UK are ‘worryingly complacent’ about the risks posed by climate change to investments, according to the Environmental Audit Committee (EAC).
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TCFD needs to become mandatory to prosper, expert tells UK parliament
27 February 2018A compulsory approach to reporting in line with the recommendations of the FSB's Task Force on Climate-related Financial Disclosures (TCFD) is necessary for the initiative's long-term survival, according to an expert.
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UK parliament to weigh merits of making TCFD mandatory
14 January 2018An independent audit committee is to examine whether the recommendations of the FSB's Task Force on Climate-related Financial Disclosures (TCFD) should be made mandatory by the UK government.