Environment Protection: Business
The question
To ask the Secretary of State for Energy Security and Net Zero, if he will take steps with Cabinet colleagues to require (a) FTSE 100 companies and (b) financial services firms to (i) develop green transition plans and (ii) publish a timetable for doing this.
Answered by Kerry McCarthy
The Government has committed to making the UK the green finance capital of the world and is exploring requirements in relation to transition plans for companies and financial institutions. The Department for Energy Security and Net Zero is working with other government departments, including HM Treasury and the Department for Business and Trade, on these requirements and will provide further information about plans and a timetable in due course.
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