UK Businesses Will Be Forced to Publish Net Zero Plans

The UK's Chancellor of the Exchequer Rishi Sunak delivers a speech at the opening of Finance Day at the COP26 U.N. Climate Summit in Glasgow, Scotland, on Nov. 3, 2021. Daniel Leal-Olivas /AFP via Getty Images

Companies in the UK will be required to publish plans of decarbonising and transitioning to net zero, Chancellor of the Exchequer Rishi Sunak told COP26 on Wednesday.

Speaking at the global climate summit in Glasgow, Sunak said the new mandate is part of the UK’s plan to become “the first ever net zero aligned financial centre.”