Spring Budget 24: Treasury confirms regulation of ESG ratings

Follows a year long consultation after last year's Budget

James Baxter-Derrington
clock • 1 min read
According to HMT, the announcement is a 'holding update' for the industry, with the consultation response and legislative timeline due to follow.
Image:

According to HMT, the announcement is a 'holding update' for the industry, with the consultation response and legislative timeline due to follow.

HM Treasury has confirmed it will regulate ESG ratings, following a year-long consultation initiated in the wake of 2023’s Spring Budget.

According to an update on HMT's website, the government has confirmed as part of 2024's Spring Budget today (6 March) that a regulatory regime will be implemented. The regulatory regime will ove...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Pensions and Private Markets Briefing: Keynote speaker confirmed

Pensions and Private Markets Briefing: Keynote speaker confirmed

Mark McFee to speak at PP's inaugural private markets event on 4 March

Professional Pensions
clock 13 January 2025 • 1 min read
PensionBee launches climate focused pension plan

PensionBee launches climate focused pension plan

Climate plan will assist savers looking to align their pensions with Paris Agreement targets

Martin Richmond
clock 13 January 2025 • 2 min read
How we won the PP Investment Awards 2024... Royal London Asset Management

How we won the PP Investment Awards 2024... Royal London Asset Management

Royal London Asset Management was named UK Fixed Income Manager of the Year.

Professional Pensions
clock 13 January 2025 • 3 min read
Trustpilot