The UK's Financial Conduct Authority (FCA) is looking to increase its regulation of green finance,
- Susie Weldon
- Nov 25, 2022
- 1 min read
The UK's Financial Conduct Authority (FCA) is looking to increase its regulation of green finance, introducing measures such as "sustainability labels" and restrictions on how terms such as 'ESG', 'Green' and 'Sustainable' can be used.
Increasing disclosure requirements, changes the way firms are able to market their products – the goal is to more accurately represent the real world effects of green finance.
Both the US (SEC) & EU are also looking to introduce similar measures to limit 'greenwashing', (marketing spin that firms use to convince the public that an organisation's products, aims and policies are environmentally friendly).
