IIGCC reaction to UK sustainable finance consultations and Industrial Strategy

Zoe Alipranti, Senior Policy Manager – UK at IIGCC, reacts to the UK sustainable finance consultations and Industrial Strategy, published in June 2025.

IIGCC welcomes the publication of the UK government’s sustainable finance consultations and Industrial Strategy, which mark important progress towards cementing the UK’s position as a global leader in green finance and clean energy. These initiatives encourage steps towards a coherent policy framework, supporting the UK’s decarbonisation journey and long-term sustainable growth. 

Investors need clear direction and policy certainty to effectively support the transition to a net zero economy. These developments can help unlock the capital needed to drive sustainable growth and innovation across the UK. IIGCC will be responding to the consultations and look forward to engaging with government to ensure the proposals accelerate the UK’s transition to a net zero economy. 

We strongly support the government’s intention to consult on how transition plan requirements can be taken forward. Clear, consistent, and mandatory disclosures from companies and financial institutions are essential to align capital with the UK’s climate goals and enable investors to support whole-economy decarbonisation and green growth.   

We also welcome the consultation on the exposure drafts of the UK Sustainability Reporting Standards (SRS), based on the ISSB’s IFRS S1 and S2 standards. We call for the swift adoption of UK SRS. This will help improve the quality and comparability of climate-related disclosures, promote global interoperability, and provide investors with more robust insights into climate risks and opportunities.  

A consultation on the proposed voluntary registration regime for sustainability assurance providers is another positive step. Implementation can build investor confidence in the quality and reliability of sustainability information reported by companies.  

To fully unlock capital flows towards net zero, the UK must complete its sustainable finance framework. Importantly, this has to be underpinned by efforts to create a whole-of-economy transition plan and credible sectoral decarbonisation pathways.   

Today’s announcement is a positive addition to the Industrial Strategy and the Clean Energy Industries Sector Plan, published earlier this week. Measures outlined to accelerate grid connections and reduce electricity costs for key industriescan help drive investment and enhance UK competitiveness.  The Industrial Strategy can also inform decisions by the National Wealth Fund and Great British Energy. Climate must remain a cross-cutting priority.  

IIGCC looks forward to working with our members and the government to ensure effective implementation and delivery, supporting the UK’s climate, industrial and financial ambitions.