The Investment Association (IA) has called for further action from the UK in its efforts to tackle climate change and has committed the industry to continued change.
In its Climate Change Position Paper, published today (16 November) the IA asked the UK government to make it a legal requirement for "all large UK incorporated companies (public and private)" to report in line with the Task Force on Climate-related Financial Disclosures (TCFD). It also asked the government to "make good" on its intention to issue its first sovereign green bond, announced by Rishi Sunak last week, and to "facilitate sector-specific pathways to transition" to ensure "the requisite policy interventions are brought in to facilitate the transition to Net Zero for different s...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
