FCA on the hunt for ESG advisory committee members

Looking for external experts with knowledge of the ESG issues in financial services

The Financial Conduct Authority (FCA) is looking for external stakeholders to join a new ESG advisory committee ahead of its first meeting in Q4 2022.

The board of the UK regulator announced the creation of the committee to advise on the execution of its ESG-related responsibilities.

The committee’s role will be to provide advice to the board on:

  • How it executes oversight of ESG issues relevant to the FCA both as a regulator and its own operations
  • Relevant emerging ESG topics or issues
  • How the FCA should develop its ESG strategy, in keeping with the organisation’s statutory objectives and regulatory principles

The FCA is looking for external experts with knowledge of the ESG issues in financial services to join the committee to help consider how the regulator can advance and achieve ESG objectives and functions, including its part in the government’s commitment to a net zero economy by 2050.

Members will be appointed in a personal capacity and individuals employed by FCA-regulated firms are not appointable. Those interested can send CVs by 16 September to esgac@fca.org.uk.

Next month, the FCA is expected to make a delayed announcement on the findings from its consultation into Sustainability Disclosure Requirements.

The consultation was initially expected to close in Q2 but was delayed until the autumn “to allow us to take account of other international policy initiatives and ensure stakeholders have time to consider these issues,” the regulator said in a statement.