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FCA: Announces proposals to improve climate-related disclosures | Fintech InShorts: Latest fintech news, analysis by experts

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FCA: Announces proposals to improve climate-related disclosures

By Laura M

March 6, 2020

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

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