UK Firms Set to Face New Requirements to Back Up Climate Claims

The UK is set to require companies to provide granular details to back up their decarbonization claims, under a fresh proposal intended to stamp out greenwashing.

The government-backed Transition Plan Taskforce is seeking feedback on its disclosure framework, which requires firms to produce evidence of “concrete” short-term action taken to reduce their carbon footprints, according to a statement on Tuesday that was published to coincide with the COP27 climate summit in Egypt.