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
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Investment

An aerial view of Geneva | Credit: iStock

Global nature finance hub launched in Geneva

Switzerland-headquartered group aims to embed nature-related risks in financial decision making

Cecilia Keating
clock 05 October 2022 • 2 min read
Credit: iStock

Climate risk reporting rules comes into force for large UK pension schemes

Pensions regulator issues guidance, as TCFD reporting becomes mandatory for UK pensions schemes worth over £1bn

Cecilia Keating, Stephanie Baxter
clock 03 October 2022 • 3 min read
Ripple Energy's Graig Fatha wind turbine in South Wales | Credit: Ripple Energy

Ecosia to invest €250,000 in Ripple Energy's third UK renewables project

Non-profit 'green' internet search engine also calls on other firms to ramp up their investments in clean energy

Cecilia Keating
clock 03 October 2022 • 2 min read