Ben Gilbey

As COP30 begins in Belém, transition plans are continuing to gain momentum as a critical tool for mobilising climate finance. This builds on the Co-chairs’ report of the G20 Sustainable Finance Working Group (SFWG), released in October, which set out robust recommendations for integrating adaptation into transition plans. Last week’s COP30 Business and Finance Forum in São Paulo marked a significant milestone with the launch of the latest Global State of Investor Climate Action.

Delivering a credible sustainability reporting regulatory framework will be essential if the UK is to deliver on its ambition to become a world-leading Net Zero-aligned Financial Centre. Scope 3 emissions account for an estimated three-quarters of company-level emissions and it is essential that they are reported. E3G is pleased to provide feedback to the Department of Energy Security and Net Zero’s “Scope 3 Emissions in the UK Reporting Landscape”.

Submissions E3G response to the call for evidence 31 Aug 2023 Delivering a credible non-financial reporting regulatory framework will be essential if the UK is to become a world-leading Net Zero Aligned Financial Centre and remain an attractive place to invest. There is strong support for high-quality non-financial reporting by leading UK Investors and Businesses. E3G supports the roll out, as soon as possible, of the UK’s Sustainability Disclosure Requirements (SDR) reporting framework.