UKSIF Research Finds Improved Policies Could See up to £100bn AUM Shifting Towards Sustainable Finance in the UK

Liza Hartley
Liza Hartley 15th May 2024

London, 15th May 2024 – The UK Sustainable Investment and Finance Association (UKSIF), which brings together 300+ members managing over £19 trillion in global assets under management (AUM), today published the final report in the four-part Financing the Future series, looking at the Financial Services sector.

Through consultation with member organisations, and in-depth polling of 100 financial services organisations, UKSIF has identified three policy areas currently impeding the UK from taking up a leadership position as the world’s sustainable finance hub. The Financial Services report sets out clear policy actions which government and regulators can take in order to fill the gaps identified in the UK’s sustainable finance policy regime.

The report calls for government and policymakers to:

  1. Deliver a clear and world-leading sustainability disclosure regime
  2. Empower investors by clarifying the fiduciary duty of pension schemes
  3. Embed biodiversity into the regulatory framework

Key findings of the report include:

  • 69% of business decision-makers in the finance sector agreed that the lack of certainty over sustainability policy and regulation is limiting their investment in the UK.
  • 95% of large UK finance firms would increase their investment in sustainable/green projects in the UK if favourable green policies were implemented.
  • Nearly eight in ten (77%) have said that greater harmonisation of financial sustainability standards globally would have a positive impact on companies investing.

Click here to read the Financing the Future: Financial Services press release. 

Click here to read the Financing the Future- Financial Services Report

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