Open consultation

Climate-related transition plan requirements

Summary

We're seeking views on options to take forward climate-related transition plan requirements in order to provide the market with credible and decision-useful information.

This consultation closes at

Consultation description

The government committed to mandating 鈥淯K-regulated financial institutions (including banks, asset managers, pension funds and insurers) and FTSE 100 companies to develop and implement credible transition plans that align with the 1.5掳C goal of the Paris Agreement鈥.

This consultation seeks views on how the government should take forward this commitment in a way that:听

  • supports an orderly transition in line with global climate goals
  • enhances transparency for investors and promotes efficient capital allocation
  • supports companies in capturing the opportunities from the global net zero transition
  • supports the growth of the UK鈥檚 financial services industry by ensuring its sustainable finance framework is internationally competitive and maintains the UK鈥檚 status as a global financial hub.鈥

The consultation forms part of the first phase of consultations to modernise the UK鈥檚 sustainable finance framework, and has been published alongside:

See also:

Documents

Ways to respond

Updates to this page

Published 25 June 2025

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