Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government what progress they have made towards mandating UK-regulated financial institutions and FTSE 100 companies to implement transition plans aligned with the Paris Agreement; and what timetable they intend to set for introducing such requirements.
The government ran a consultation from June to September 2025 seeking views on how to implement transition plan requirements. We received extensive feedback from a wide range of stakeholders and are currently reviewing responses. The Government will set out next steps, including any decisions on the introduction and timing of future requirements, in due course.