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UK sustainability reporting: Financial Conduct Authority (FCA) publishes proposals for new ISSB-aligned rules to replace...

On 30 January 2026, the UK Financial Conduct Authority (the “FCA”) published a consultation paper (CP 26/5) proposing the replacement of its current Task Force on Climate-related Financial Disclosures (“TCFD”) aligned rules...more

UK PRA publishes new supervisory expectations for identifying and managing climate-related risks for banks and insurers

On 3 December 2025, the UK Prudential Regulation Authority (“PRA”) published its (i) Policy Statement (PS25/25) entitled Enhancing banks' and insurers' approaches to managing climate-related risks – Update to SS3/19 (“PS”)...more

A fireside chat with the UK Financial Conduct Authority (FCA) on sustainable finance, the transition to net zero, sustainability...

On 19 November 2025, we were pleased to welcome Alicia Kedzierski, Head of the Sustainable Finance Department at the Financial Conduct Authority (FCA) for a cozy fireside chat with Rita Hunter, regulatory partner and co-head...more

ESG Focus: UK/EU/International ESG Regulation Monthly Round-Up – November 2025

This month’s ESG Regulation Monthly Round-Up provides a number of updates from the UK, EU and the US. In the UK, we have seen updates from the Transition Finance Council and ESG ratings regulation. In the EU, we have seen...more

ESG Market Alert UK – November 2025

On 6 November, Hogan Lovells held its fourth annual ESG Game Changers Summit, at which attendees explored how to navigate climate, sustainability, and ESG issues in a time of rising expectations and a rapidly shifting...more

ESG Focus: UK/EU/International ESG Regulation Monthly Round-Up – October 2025

This month's ESG Regulation Monthly Round-Up brings a number of updates from the UK, EU, US and around the world. In the UK, we have seen updates on defence finance policy, regulation of ESG ratings providers, nature risk...more

ESG Market Alert UK – October 2025

The Financial Conduct Authority (FCA) has published findings from its multi-firm review of how asset managers, life insurers, and FCA-regulated pension providers are complying with its climate disclosure rules. Introduced in...more

Climate Transition Focus: Second Edition 2025 – update on transition planning and transition finance developments, primarily in...

In this Second Edition of Climate Transition Focus, we reflect on the progress and the range of transition developments that have occurred so far in 2025. We highlight the key transition milestones, including the Transition...more

ESG Focus: UK/EU/International ESG Regulation Monthly Round-Up – August/September 2025

This month's ESG Regulation Monthly Round-Up covers the two months of the summer holidays. There is still a lot to report with a number of publications from the UK Financial Conduct Authority, EFRAG and others....more

ESG and Defence in the UK and EU – navigating the politics and legal requirements to include defence projects in sustainable...

Increasing global security concerns (coupled with changes on the global political scene) have led governments to increase their budgets for defence spending. In this briefing we consider how compatible defence sector...more

ESG Focus: UK/EU/International ESG regulation monthly round-up – July 2025

Though it has been a little quieter this month, there are still ongoing developments in relation to the EU omnibus simplification package, including the anticipated “quick fix” for companies currently reporting under the...more

UK consultation: Exposure draft of UK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2

On 25 June 2025, the UK Department for Business and Trade published a consultation on the exposure draft of the UK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2. The consultation seeks views on draft UK...more

ESG Focus: UK/EU/International ESG regulation monthly round-up – June 2025

EU Omnibus updates and dates for your diary: With negotiations continuing at both European Parliament and Council of the European Union level, final agreement on the omnibus proposals for sustainability reporting and due...more

UK/EU/International ESG Regulation Monthly Round-Up – May 2025

The drive to simplify and increase competitiveness in the European Union continues apace. Member States have started to implement the “stop-the-clock” directive, the Commission has signalled an intent to provide some limited...more

ESG Focus: UK/EU/International ESG Regulation Monthly Round-Up – April 2025

This month, we bring you a number of updates on the EU omnibus simplification package, including the ‘Stop-the-Clock’ directive entering into force delaying the application of CSRD and CSDDD and a formal complaint against the...more

Navigating Conflicting ESG Regimes | Essential Compliance Guide for In-House Legal Teams 2025

While the European Union continues to drive ambitious mandatory disclosure requirements, the U.S. regulatory approach is shifting rapidly under the new administration, creating uncertainty for companies. Meanwhile,...more

UK regulators give update on timing of ESG regulatory initiatives

A new edition of the Regulatory Initiatives Grid, which sets out details of current and planned regulatory initiatives for all the regulators affecting the financial services sector, has been published. It includes details of...more

ESG Focus: UK/EU/International ESG Regulation Monthly Round-Up – March 2025

The legislative train continues apace for the omnibus simplification package proposed by the European Commission last month. We have seen progress at both the European Council and Parliament level on the “stop-the-clock”...more

ESG Focus: UK/EU/International ESG Regulation Monthly Round-Up – January 2025

On 29 January 2025, the EU Commission published a Competitiveness Compass for the EU. President of the European Commission, Ursula von der Leyen, announced that Europe must fix its weaknesses (alluding the a persistent gap in...more

UK/EU/International ESG Regulation Monthly Round-Up – December 2024

As we enter into 2025, we look back to ESG regulatory developments in December 2024 and reflect on the expected legislation for the coming year. We anticipate more regulatory initiatives in 2025, particularly in the UK. In...more

UK/EU/International ESG Regulation Monthly Round-Up – November 2024

In November, we got a tantalizing glimpse into what the future looks like for sustainable finance in the UK in the annual Mansion House speech. We highlight some of the key ESG regulatory announcements below. November also...more

UK Sustainable finance: regulating ESG ratings providers

On 14 November 2024, the UK government published its consultation response and draft legislation proposals to regulate ESG ratings providers. Entities providing ESG ratings (however named) which are likely to influence...more

Sustainable finance in the UK Mansion House speech lays out ESG developments for 2024

On 14 November 2024, the Chancellor, Rachel Reeves, set out a number of significant developments in connection with sustainable finance in her Mansion House speech and in related publications. We saw the long awaited...more

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