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United Kingdom Financial Institutions Sustainable Business Practices

BCLP

All Washed Up - What Are the Risks for Firms That Won’t Show Greenwashing the Red Card?

BCLP on

In recent years, there has been a noticeable increase in green products and the promotion of sustainable objectives across the financial services industry. For example, we have seen much discussion of green loans, green...more

Latham & Watkins LLP

UK Announces Updates to Green Finance Strategy

Latham & Watkins LLP on

The government published a new document outlining its existing and proposed objectives to develop the UK’s sustainable economy. On 30 March 2023, the UK government published an updated version of its Green Finance...more

Cadwalader, Wickersham & Taft LLP

FCA Publishes Discussion Paper on Sustainability-Related Governance

On February 10, the UK’s Financial Conduct Authority (FCA) published a discussion paper titled “Finance for positive sustainable change: governance, incentives and competence in regulated firms.” The paper considers whether...more

Latham & Watkins LLP

GFANZ Issues Guidance on Net Zero Plans for Financial Institutions

Latham & Watkins LLP on

The Final Report recommends five themes that financial institutions should incorporate into their net zero transition strategies. On 1 November 2022, the Glasgow Financial Alliance for Net Zero (GFANZ) issued its Final...more

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