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Clarity on UK financial sector’s net zero disclosures will ease ‘transition anxiety,’ Glen says

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By Phoebe Seers
  • 11 May 2022 18:16
  • 11 May 2022 18:16
Tag-icon Bank capital Tag-icon Bank supervision Tag-icon Brexit Tag-icon Carbon Border Mechanism Tag-icon Carbon Pricing Tag-icon Carbon tax Tag-icon Clearinghouses Tag-icon Climate neutrality Tag-icon Climate reporting Tag-icon Corporate reporting Tag-icon Cryptoassets Tag-icon Emissions Tag-icon Energy transition Tag-icon Equivalence Tag-icon Green Deal Tag-icon Greenwashing Tag-icon Macroprudential standards Tag-icon Market abuse Tag-icon Sustainable finance
Clarity on transition plans will help alleviate the UK financial sector’s anxiety about achieving net zero emissions at a time of additional pressure caused by energy security concerns and the cost-of-living crisis, economics minister John Glen has said.

Also today, a panel led by the finance ministry unveiled a consultation asking

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Phoebe Seers

Correspondent

Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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