The FCA is establishing a new advisory committee to the FCA’s Board to work on Environmental, Social and Governance issues.

Earlier, the FCA Board decided to establish a new ESG Advisory Committee to help execute its ESG-related responsibilities. This included meeting the Government’s expectation for it to 'have regard' to the UK’s commitment to achieving a net-zero economy by 2050.

The Committee’s membership will include a small number of external experts who have in-depth knowledge of ESG issues in the financial sector and is expected to meet for the first time in Q4 2022, and normally quarterly from then onwards.

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