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UK regulator drops mandatory climate disclosures for listed companies

Original: UK regulator abandons mandatory climate disclosures for listed companies

The UK's financial regulator has abandoned plans to require listed companies to publish mandatory climate disclosures, walking back earlier proposals. The decision comes as several governments and regulators in the UK and elsewhere reconsider or delay climate-related reporting rules for businesses, prompting criticism from climate advocates and relief among some business groups wary of compliance costs.

Why now: A major reversal of UK climate reporting rules is significant news amid a wider regulatory retreat on climate requirements.

UKFinancial Conduct Authoritylisted companies

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Evidence

• UK regulator abandons mandatory climate disclosures for listed companies · Reuters
• UK regulator abandons mandatory climate disclosures for listed companies · WTVB

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