One more small step back from the Labour's supposed green credentials & from regulatory oversight.
The Financial Conduct Authority, after 'consultations' with the sector, has delayed (again) the move to require investment funds (and portfolio managers) to assess the impact on the environment & climate of their investments, via the Sustainable Disclosure Requirement.
May be a small thing but is indicative of the direction of travel under this Govt.
#investment #climate
h/t Investment Week
The Financial Conduct Authority, after 'consultations' with the sector, has delayed (again) the move to require investment funds (and portfolio managers) to assess the impact on the environment & climate of their investments, via the Sustainable Disclosure Requirement.
May be a small thing but is indicative of the direction of travel under this Govt.
#investment #climate
h/t Investment Week