Sustainability

The industry’s role in enabling the net-zero transition has remained a key priority and we have taken significant work forward in this area.

Our sustainability work

We influence the policy environment and evolution of regulatory frameworks to ensure the UK is positioned at the forefront of green and sustainable finance.

"The financial services industry [should look to] support the economy, businesses and the people of this country as we get back on our feet from the effects of Covid and transform the economy to support climate change. Fortunately, I know from many conversations that TheCityUK are up for the challenge."

Andrew Bailey, Governor of the Bank of England

Sustainability is a significant agenda for firms across the financial and related professional services ecosystem and cuts across all of our work.

With the support of our Green and Sustainable Finance Group, we do this by:

  • Developing policy positions in relation to green and sustainable finance issues and governance.
  • Addressing the future shape of the UK’s regulatory, legal and tax regimes and the approach of its regulatory and supervisory authorities to the development of the UK becoming a net zero aligned financial centre.
  • Providing an evidence base on the UK’s role as a leading net zero aligned financial centre.
  • Informing bilateral and global market engagement on green and sustainable finance and the broad ESG agenda.

Our latest sustainability work:

Transition Finance Market Review: summary

Our response to the Transition Finance Market Review call for evidence on how the UK can establish itself as a global hub for transition finance.

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TheCityUK response to IOSCO Consultation Report on Voluntary Carbon Markets

We welcome the opportunity to respond to the International Organisation of Securities Commission's (IOSCO) Consultation Report on Voluntary Carbon Markets (VCMs).

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Our latest sustainability news:

Blog

COP29: an opportunity for the UK to boost global leadership in catalysing climate finance

Blog

COP29: TheCityUK's priorities and boosting the role of the UK as a global centre for sustainable finance

Blog

Sustainable finance data: carbon-pricing schemes and the price of carbon

TheCityUK comments on the Green Finance Institute's report, 'Assessing the materiality of nature-related financial risks for the UK'

Events:

TheCityUK International Conference 2025

Register now for our International Conference. Join influential leaders from across the industry to discuss how the UK can underpin its position as a world-leading international financial centre.

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TheCityUK and Financial Services Skills Commission Future Skills Conference 2025

Register now for the Future Skills Conference 2025, in partnership with Financial Services Skills Commission, which will take place in London on Thursday 22 May 2025.

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