This blog was published on 08 November 2021.
As COP26 unfolds and in a context of growing stakeholder pressure on sustainability-related disclosure, the UK Government's long-term ambition is to green the financial system.
The publication of HM Treasury's "Greening Finance: A Roadmap to Sustainable Investing" calls for the provision of reliable information through Sustainability Disclosure Requirements (SDRs). This move also mirrors the neighbouring EU climate agenda policies, albeit with some divergence.
In this report, we provide an analysis of the HM Treasury roadmap ‒ by looking at headlines, timelines, incoming developments, and provide an overview of SDRs implications for UK firms.
Financial market participants should be aware of the timelines contained in this roadmap so they can input into consultations and ensure that wider ESG programmes incorporate UK regulatory activities.