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The
Environmental Audit Committee has today published its report
Greening Finance: embedding sustainability in financial decision making: see
here or
here (
pdf). The conclusions and recommendations are available
here. The report calls on the Government to set a deadline for all listed companies and large asset owners to report on climate-related risks and opportunities (in line with the
TCFD recommendations) on a comply or explain basis by 2022 (with appropriate changes to the
UK Corporate Governance Code and
UK Stewardship Code).
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