Welcome to the Financial Services Regulatory Insight Centre archive for ESG Regulatory Essentials. This is a regular publication that provides a summary of the latest environmental, social and governance (ESG) regulatory developments that impact organisations in the UK and EU regions.

      ESG regulatory essentials

      One of the most significant developments of the last few months has been the exceptionally rapid progress of the proposed EU Omnibus initiative on sustainability reporting and disclosure requirements.

      ESG regulatory essentials

      The political drive for growth and competitiveness has been felt across many areas of FS regulation, including ESG. This, alongside the transition from rulemaking to implementation in some areas, broader concerns around continuing geopolitical uncertainty, and questions around whether regulations are achieving their intended outcomes, is contributing to deferrals and scaling back.  

      ESG regulatory essentials

      This last edition of ESG Regulatory Essentials for 2024 rounds up the latest updates and looks ahead to what the FS sector can expect before the end of the year and into 2025.

      ESG regulatory essentials

      This edition of ESG Regulatory Essentials is shorter than usual. 2024 is a year of elections, and both the EU and UK saw a pause in major regulatory announcements as a result in the run-up to the summer break.

      ESG regulatory essentials

      In the UK, the period of sensitivity in the run up to a General Election means that regulators typically refrain from publishing new consultations or contentious final policies. This has extended to publications such as the eighth edition of the Regulatory Initiatives Grid.

      ESG regulatory essentials

      KPMG in the UK's latest Regulatory Barometer finds that regulation relating to ESG and sustainable finance continues to have a material impact on firms across all areas of financial services.

      ESG regulatory essentials

      Regulators are well and truly in `back to work' mode after the holiday season and are pressing ahead with their ESG and sustainability agendas. With elections expected in 2024 in both the EU and the UK, there is uncertainty around which in-progress regulatory initiatives will make the cut.

      Our insights

      Providing pragmatic and insightful intelligence on regulatory developments.

      Regulatory insights on environmental, social and governance topics on the horizon.

      Our people

      Thomas Crowe

      ESG, EMA FS Regulatory Insights Centre

      KPMG in the UK

      Michelle Adcock

      Director, FS Regulatory Insight Centre, Risk and Regulatory Advisory

      KPMG in the UK


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