The UK Government, FCA and FRC advance the pace of TCFD adoption
On 9 November the Chancellor of the Exchequer, Rishi Sunak, announced at the Green Horizon Summit that the UK will become the first country in the world to make Task Force on Climate-related Financial Disclosures (TCFD) aligned disclosures mandatory across the economy by 2025, with a significant portion of mandatory requirements in place by 2023.
