UK Finance publishes COP26 and Beyond report

Article summary

UK Finance has published its report ‘COP26 and Beyond 2021’ which sets out an industry policy statement in support of the Net-Zero Banking Alliance, all the banking and finance firms committed to embedding climate responsibility into governance and strategy, and the setting of clear definitions on environmental, social and governance (ESG) topics within a globally aligned framework. The report outlines the steps being taken to put in place a comprehensive statutory and regulatory framework to underpin the greening of the economy. It also provides an analysis of the early steps being taken in support of net zero banking.