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

Nest, L&G and PGGM buy Manchester site as part of BTR partnership

Nest, L&G and PGGM buy Manchester site as part of BTR partnership

Development site in Deansgate expected to provide 494 rental homes in city centre

Martin Richmond
clock 06 March 2025 • 2 min read
UK economy faces $141bn of stranded fossil fuel asset risks

UK economy faces $141bn of stranded fossil fuel asset risks

UKSIF warns £15.2bn of UK pension fund assets could be at risk of stranding by 2040

James Murray
clock 06 March 2025 • 6 min read
Climate change investments would boost student pension engagement

Climate change investments would boost student pension engagement

Majority say tackling climate change equally or more important than growing savings

Jasmine Urquhart
clock 06 March 2025 • 1 min read
Trustpilot