FCA targets climate change and green finance transparency with new guidelines

'Form a basis for future work'

The investment sector is set to become more transparent amid new green business initiatives as part of the Financial Conduct Authority's (FCA) proposed climate change disclosure guidelines.

Company disclosures around climate change and regulated firms' green business risks and opportunities will be closely scrutinised under the financial watchdog's new proposals. The FCA has published a feedback statement setting out its new proposals to improve levels of company transparency and quality of information to consumers around climate change. The FCA chief executive Andrew Bailey said the statement would form a basis of the FCA's future work on climate change and green finance. Government ramps up green finance push with new green VCT plans "We have an important role ...