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ESG – Climate Change – FCA Rule obliges companies to “comply or explain”

Financial, Executive and Professional Risks (FINEX)
Climate Risk and Resilience

By Laura Cooke , Simon Konsta and Anna Shaw | February 22, 2021

We are pleased to share this insightful article on the FCA rules on Climate Change, written by Clyde & Co LLP.

In the first of our ESG Directors’ liabilities webinar series we focussed on climate change. Our panellists included Laura Cooke, Partner at Clyde & Co LLP, who highlighted an anticipated new obligation on companies to include a statement regarding whether they have made disclosures consistent with the recommendations of the Taskforce on Climate-related Financial Disclosures (“TCFD”).

The FCA published a Policy Statement on 21 December 2020, and we are grateful to Clyde & Co LLP for allowing us to share this article - which provides further detail - authored by Laura Cooke and her colleagues Simon Konsta and Anna Shaw.

New FCA rule puts climate-related disclosures firmly on the agenda for 2021

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Partner, Clyde & Co LLP

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