It is "too early" for the make-up of corporate boards to be mandated with specific sustainability expertise, the Financial Conduct Authority (FCA) says.
Despite a rise in sustainability-related litigation aimed at company directors, the FCA's director of ESG likened the need for boards to evolve their expertise instinctively, "just as has been done with IT or cyber risks." Speaking at the FT's Moral Money conference on 23 March, FCA director of ESG Sacha Sadan said: "Maybe boards do need to move some people off and bring some new people on. We have been writing about this and are trying to help, but we're not putting rules in place too early." Sadan's allusion was to the FCA's open discussion paper, 'Finance for positive sustainable c...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
17 April 2025
•
2 min read
