Taking The Temperature: The new initiative announced by TPR is in line with the increasing focus by the regulatory sector in the UK, such as by the Financial Conduct Authority (FCA), on the accuracy of statements related to climate transition plans and sustainability. More generally, we have previously commented on how the UK government and regulators have taken a number of recent steps to address climate issues. These include an assessment, commissioned by the Department for Business, Energy & Industrial Strategy, into how the UK might meet its net zero obligations “in a more affordable and efficient manner, one which is pro-business, pro-enterprise and pro-growth;” a proposed amendment to the UK’s Financial Services and Markets Bill pursuant to which the Prudential Regulation Authority could be empowered to review appropriate risk weighting and capital requirements associated with a financial institution’s exposure to fossil fuel exploration, exploitation and production; the issuance of guidance from the Competitions Markets Authority and the Advertising Standards Authority concerning the antitrust implications of industry climate collaborations and greenwashing, respectively; and the FCA’s establishment of an ESG Advisory Committee tasked with supporting the FCA Board in “executing oversight of ESG-related issues relevant to the FCA as a corporate entity and as a regulator.”