Insolvency Service: Climate Change
(asked on 12th February 2026) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 12 February 2026 to Question 111867, whether he will make an assessment of the level of compliance by the Insolvency Service with Net Zero, sustainability and climate related disclosure requirements, including adherence to the Taskforce on Climate related Financial Disclosures guidance and the Greening Government Commitments.
Answered by
Blair McDougall
Parliamentary Under Secretary of State (Department for Business and Trade)
The Insolvency Service’s Annual Report and Accounts have included Greening Government Commitments disclosures since 2012 and, more recently the Taskforce on Climate related Financial Disclosures (TCFD). These are requirements are set out in HMT’s Financial Reporting Manual.
The Annual Report and Accounts are also subject to external audit by National Audit Office, whose work includes an assessment of compliance with TCFD and Greening disclosures.