The IIGCC is concerned that the FCA’s proposals to simplify climate disclosures will actually reduce investor access to crucial climate data. The FCA wants to simplify the requirements so that investors can make more informed decisions, and also ensure there is deeper consideration by firms that are within scope of the requirements while ensuring a coordinated information flow.
However, the IIGCC, an investor-led organisation, is worried that investors should not lose access to important information, not least for institutional investors to meet their fiduciary and stewardship duties.