News & Analysis as of

Environmental Policies Task Force on Climate-related Financial Disclosures (TCFD)

Proskauer - Regulatory & Compliance

UK Green Taxonomy Shelved as Transition Plans Take Centre Stage

On 15 July 2025, HM Treasury published its response confirming it will no longer pursue a UK green taxonomy – a classification system to define which economic activities could be considered environmentally sustainable (the...more

Hogan Lovells

A Deep Dive into the UK Transition Plan Taskforce Disclosure Framework

Hogan Lovells on

In this article we consider the UK Transition Plan Taskforce (TPT) and the draft disclosure framework which was published in November 2022 for consultation. The TPT disclosure framework sets out voluntary “gold standard”...more

Latham & Watkins LLP

TNFD Releases Third Beta Version of Disclosure Framework Ahead of Global Biodiversity Summit

Latham & Watkins LLP on

The third version introduces several new disclosure recommendations ahead of what is supposed to be a “Paris moment” for biodiversity in Montreal. As environmental ambitions continue to grow, much attention has focused on...more

Jones Day

UK Introduces New Climate-Related Disclosure Regulations for UK Companies and LLPs

Jones Day on

The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 ("the Regulations") came into force on April 6, 2022. The Regulations amend the Companies Act 2006 and largely implement the...more

Stikeman Elliott LLP

COP26: Key Takeaways and Action Items on Climate Change (Part II)

Stikeman Elliott LLP on

In our previous post, we highlighted a number of global goals and campaigns aimed at addressing climate change. In this post, we examine climate change-oriented policies and initiatives that are being adopted by many...more

Latham & Watkins LLP

UK Welcomes Formation of International Sustainability Standards Board

Latham & Watkins LLP on

The government also introduced transition plan requirements for companies to meet the UK’s 2050 net zero target. On 3 November 2021, the International Financial Reporting Standards (IFRS) Foundation Trustees Chair, Erkki...more

Morrison & Foerster LLP

Greening Finance: Getting the UK Show on the Road(map)

On 18 October 2021, HM Treasury published a policy paper called “Greening Finance: A Roadmap to Sustainable Investing (the “Roadmap”), which represents Phase 1 of the UK government’s 2019 Green Finance Strategy. It addresses...more

Holland & Knight LLP

The Financial Sector and Government Contractors in the Environmental Bull's-Eye

Holland & Knight LLP on

The Biden Administration on May 20, 2021, issued its latest and long-awaited Executive Order (EO) on climate-related financial risk. This EO reflects how the administration is continuing to take a "whole of government"...more

Latham & Watkins LLP

UK Announces Climate Focused Financial Services Regime

Latham & Watkins LLP on

The UK Government presents initiatives designed to green the UK economy and bolster attractiveness as an international financial centre. On 9 November 2020, Rishi Sunak, Chancellor of the Exchequer, announced several...more

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