MPs urge government to require financial regulators to engage with climate risks

BusinessGreen staff
clock
MPs urge government to require financial regulators to engage with climate risks

Environmental Audit Committee calls on Michael Gove to use powers under Climate change Act to require regular climate risk reports form pensions and financial regulators

The government should order the UK's leading financial regulators to produce climate adaptation plans as part of efforts to ensure pension funds are adequately protected from escalating climate risks....

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Investment

Credit: iStock

'Wildly irresponsible': How top banks could be risking billions on the petrochemicals industry

ClientEarth and FairFin claims world's top banks are exposing themselves to major stranded asset risk by backing major petrochemicals projects

Michael Holder
clock 23 May 2022 • 3 min read
Not so moral money?

Not so moral money?

Stuart Kirk's insistence investors do not need to worry about climate risk fundamentally misunderstands both climate change and risk

James Murray
clock 20 May 2022 • 11 min read
HSBC headquarters, London | Credit: HSBC

HSBC AM's 'head of irresponsible investment' condemned over climate speech

Experts slam 'totally bizarre' analysis that rejected the idea investors should worry about climate risks

James Baxter-Derrington
clock 20 May 2022 • 3 min read