On 16 May 2024, the UK Government published an implementation update on its development of economy-wide sustainability disclosure requirements (the “Implementation Update“). The Implementation Update, which the UK Government committed to publishing in its 2023 Green Finance Strategy (which you can read more about here), discusses:

1. its endorsement of the IFRS Sustainability Disclosure Standards;
2. transition plan disclosures;
3. the Financial Conduct Authority’s (“FCA“) Sustainability Disclosure Requirements (“SDR“) and investment labels regime;
4. the UK Green Taxonomy; and
5. nature-related disclosures.

Continue Reading UK government publishes implementation update in relation to sustainability disclosures