FCA Establishes ESG Advisory Committee 

The UK’s Financial Conduct Authority (FCA) has appointed an ESG Advisory Committee to support the regulator’s board in executing oversight of ESG-related issues. The committee will provide guidance on relevant emerging ESG topics and views on how the FCA should develop its ESG strategy in keeping with the organisation’s statutory objectives and regulatory principles. The appointed committee members are Tom Gosling, Executive Fellow in the Department of Finance at London Business School, ShareAction Chief Executive Catherine Howarth, Tim Mohin, former Chief Sustainability Officer of Persefoni ex-Chief Executive of the Global Reporting Initiative, Desiree Fixler, Chair of VentureESG and ex-Head of Sustainability at DWS, Sonali Siriwardena, Global Head of ESG at Simmons and Simmons, and Harald Walkate, Senior Fellow at the Center for Sustainable Finance & Private Wealth (CSP) at the University of Zurich. The committee will also include the FCA’s chair, other non-executive directors and the director of ESG. The FCA board agreed to establish the committee earlier this year to help execute its ESG-related responsibilities, which include meeting the government’s expectation that the FCA “has regard” to the UK’s commitment to achieving a net zero economy by 2050. 

 

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