FCA: Announces proposals to improve climate-related disclosures
- Published proposals outlining new climate-related disclosure requirements also for premium listed issuers
- The new rule will also require all commercial companies with a premium listing to either make climate related disclosures consistent
- The FCA will also consider consulting on extending this rule to a wider scope of issuers
- The proposals set out in the Consultation Paper build upon the recommendations of the TCFD, an existing global standard
- The FCA recognises that standards for disclosure and companies understanding of the financial impacts of climate change are evolving
- The Forum publishing industry guidance, covering climate-related disclosures, risk management, scenario analysis and innovation
