To ask His Majesty's Government what steps they are taking to encourage investors to support (1) climate resolutions, and (2) sustainable investment practices, particularly in sectors heavily reliant on fossil fuels.
Answered on
26 July 2023
The 2023 Green Finance Strategy set out several actions the Government is taking to support sustainable investment practices. These include a commitment to consult on a UK Green Taxonomy later this year; setting out next steps for transition planning disclosure requirements for the largest UK companies; and providing further detail on the Government's response to using International Sustainability Standards in the UK.
Answered by
Department for Energy Security and Net Zero