Global sustainability standards to be adopted for UK-listed companies

Rules for UK-listed companies onclimate-related disclosure rulesare to be updated to conform with the firsttwo global statementsfrom the International Sustainability Standards Board (ISSB).

By Neasa MacErlean

Echoing statements from regulators and stock exchanges around the world, the Financial Conduct Authority saidit plans to update its own climate-related disclosure rules "to reference the ISSB standards". This will be done after the Government fulfils its plans to set up a mechanism for formal UK endorsement and adoption of the standards.