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U.K. Takes Lead on Mandating Climate Change Disclosure

By November 10, 2020March 30th, 2021No Comments

In this article published by Pensions & Investments, Hazel Bradford reports that the “U.K. will be the first country to require large companies, financial institutions and regulated pension funds to disclose the impacts of climate change by 2025.” Trysha Daskam, Head of ESG Strategy at Silver, commented in response to the new U.K. disclosure requirements that “investment managers with allocations from pension funds implicated by the reporting requirements should expect requests to provide portfolio-level climate data to facilitate reporting. The U.K.’s mounting focus on climate might reasonably be interpreted as a signal to investment managers that climate-related disclosures will be directly required in the short-term.”

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