A cross-party forum convening parliamentarians, Government, NGOs, and industry to drive forward ESG in Westminster.
Formerly the page of the APPG on ESG.
2/2 We were equally delighted to welcome Vanessa Havard-Williams, Chair of the Transition Finance Market Review to lead the discussion alongside Ashleigh Lee from the TFMR Secretariat and Jacques Morris of E3G.
💡 Driving transition finance forward
1/2 We were honoured to have former Treasury Lords Minister Baroness Charlotte Vere chair yesterday’s roundtable on key challenges in transition across finance and the real economy.
🌍 Last week's roundtable, chaired by Victoria Collins MP, alongside speakers Dr Nina Seega and Viola Meyerweissflog from @cisl_cambridge, underscored the need to align profitability with sustainability to secure a resilient future.
Key takeaways: https://t.co/eZ23JHvBmB
needed to address the climate crisis — and, if not, how we can bring about the necessary shift.
Thank you to our excellent speakers, chair, and advisory board members for contributing to the discussion.
#Sustainability#ClimateAction#ESG#IndustrialStrategy
1/2 Yesterday, the Policy Liaison Group on ESG hosted a thought-provoking roundtable with Victoria Collins MP, Dr Nina Seega, and Viola Meyerweissflog from @cisl_cambridge. Together, we explored whether the current approaches to ESG are delivering the systemic change
🌍 The COP29 climate finance deal has faced widespread criticism, with developing nations claiming the agreement is inadequate compared to the scale of the climate crisis.
https://t.co/KupCEcTJRf
📊 Under this proposal, ESG ratings providers would be required to become authorised by the Financial Conduct Authority, bringing greater transparency, accountability, and oversight to this sector.
https://t.co/IYnaxBZVFK
🌳 In a series of high-level roundtables, UK government ministers welcomed business leaders, ambassadors, industry experts, and representatives from the COP Troika nations — United Arab Emirates, Azerbaijan, and Brazil to discuss climate priorities.
https://t.co/F4dnTxvsi2
📢 Reflecting on the UK Modern Slavery Act: 10 years on and looking forward
As we approach the UK’s Modern Slavery Act's anniversary, modern slavery continues to thrive. The National Crime Agency has reported a 53% rise in cases between 2021 and 2022.
https://t.co/OjY5E7F8TE
🌍 This commitment, made by Prime Minister Keir Starmer, is part of a broader CCUS and hydrogen industry package aimed at capturing 20-30 million tonnes of CO2 annually by 2030.
💷 On Friday, the UK government announced its support for two major carbon capture and storage (CCUS) projects in Teesside and Merseyside, pledging up to £21.7bn in funding.
https://t.co/Smlec0x4CK
🛠️ Key takeaways:
• We need a new approach that prioritises impact over metrics.
• Businesses should move from ESG as a checklist to ESG as a driver for resilience and innovation.
• Sustainability is not a buzzword but the foundation of future business success.
🌱 Is ESG dead? Or is it evolving?
A blog post from the @cisl_cambridge explores the challenging idea that ESG as we know it is over.
https://t.co/jykRuCVFVd
In recent years, ESG has faced criticism and challenges, with some claiming it’s too complex, politicised, or ineffective. But the CISL argues that the core idea of integrating sustainable practices into business is more important than ever.
🚨 @TheFCA has announced a delay in the rollout of the Sustainability Disclosure Requirements for asset managers.
Originally set for December 2024, the new rules will require stricter criteria for naming and marketing products as "sustainable".
https://t.co/jQt8crd90I
🚀 Prime Minister Keir Starmer and Welsh First Minister Eluned Morgan have announced Wales' key role in transforming Britain into an "energy superpower."
https://t.co/fkU6wrJWsQ
🚨 UK to regulate ESG rating agencies
With this legislation, the UK will align itself with other leading economies to ensure that the criteria used by these agencies are clear and robust. The Financial Conduct Authority will set the rules. https://t.co/Yd7q8RjcyY