The European Principal Traders Association (FIA EPTA) welcomes the opportunity to respond to the Financial Conduct Authority (FCA) Consultation Paper on enhancing climate-related disclosures by standard listed companies and seeking views on ESG topics in capital markets. FIA EPTA members welcome the actions and responsibilities taken by the Government of the United Kingdom to work towards the common goals of reaching climate neutrality in 2050. This is illustrated by the FCA plans on enhancing climate-related disclosures which will be an important step towards more transparency on the disclosure of climate-related information. FIA EPTA members believe that the quality of available ESG data should be improved and harmonised. FIA EPTA members observe a large variety of ESG ratings in the market and would like to express their concerns on the comparability of the data.
