Spring Budget 24: Treasury confirms regulation of ESG ratings

Follows a year long consultation after last year's Budget

James Baxter-Derrington
clock • 1 min read
According to HMT, the announcement is a 'holding update' for the industry, with the consultation response and legislative timeline due to follow.
Image:

According to HMT, the announcement is a 'holding update' for the industry, with the consultation response and legislative timeline due to follow.

HM Treasury has confirmed it will regulate ESG ratings, following a year-long consultation initiated in the wake of 2023’s Spring Budget.

According to an update on HMT's website, the government has confirmed as part of 2024's Spring Budget today (6 March) that a regulatory regime will be implemented. The regulatory regime will ove...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Burnham urged to stem flow of UK pension capital into US tech stocks

Burnham urged to stem flow of UK pension capital into US tech stocks

Think tank calls concentration of UK pension investment in US tech stocks a ‘systemic risk’

Alex Levy
clock 30 July 2026 • 3 min read
Partner Insight: Can stewardship shape real world outcomes for pension funds?

Partner Insight: Can stewardship shape real world outcomes for pension funds?

Stewardship has moved well beyond voting statistics. For pension investors, it is now about whether engagement is shaping real-world outcomes across climate, people, governance and systems-level risks.

Royal London Asset Management
clock 29 July 2026 • 5 min read
UK pension giants join forces to unlock £1bn for scale-up fund

UK pension giants join forces to unlock £1bn for scale-up fund

Scale-up fund will help boost investment in science and technology businesses

Jonathan Stapleton
clock 27 July 2026 • 4 min read
Trustpilot