Britain’s finance ministry set out plans on Thursday to meet its target of becoming the world’s first net-zero aligned financial centre, proposing measures to stamp out so-called green-washing in financial markets.
The ministry said in an update to its Green Finance Strategy “we will ensure market participants have the information and tools they need to align to our climate and nature goals”.
The ministry published a consultation paper on regulating raters of environmental, social and governance (ESG) aspects of companies, used by investors who want to put cash into sustainable assets.
