


The UK Government has launched a consultation on mandatory transition plans for UK-regulated financial institutions and FTSE 100 companies.
The consultation is seeking views on how the Government should take forward this commitment in a way that supports an orderly transition in line with global climate goals and enhances transparency for investors and promotes efficient capital allocation.
Furthermore, it is seeking views on how it should support companies in capturing the opportunities from the global net-zero transition, and how it should support the growth of the UK’s financial services industry by ensuring its sustainable finance framework Is internationally competitive and maintains the UK’s status as a global financial hub.
The consultation form part of the first phase of consultations to modernise the UK’s sustainable finance framework.