Prudential Regulation Authority and Green: Difference between pages

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The UK body responsible for the prudential regulation and supervision of banks, building societies, credit unions, insurers and major investment firms.  
1. ''Sustainability.''


The PRA’s objectives are:
Economic and other activity which is environmentally sustainable.


1. To promote the safety and soundness of these firms; and


2. Specifically for insurers, to contribute to the securing of an appropriate degree of protection for policyholders.
2. ''Green Loan Principles (GLP) and Green Bond Principles (GBP)''.


Compliant with the environmental sustainability guidance in the GLP, the GBP or both of them.


The PRA's responsibilities in the UK were formerly undertaken by the Financial Services Authority (FSA).


The former FSA's other responsibilities were substantially transferred to the Financial Conduct Authority (FCA).
:<span style="color:#4B0082">'''''Renewi entirely green'''''</span>


The PRA is part of the Bank of England.
:"We are doing something slightly unusual and saying that we are entirely green.
 
:There are not many companies in the world that can put that endorsement around all of their operations.
 
:The category in which we describe ourselves as green, within the taxonomy of the Green Loan and Green Bond Principles, is that we are focused entirely on 'pollution prevention and control'.
 
:This is our purpose in the framework.
 
:We have then taken out some assets that are less green in order to give some clarification around the remaining assets."
 
:''Adam Richford FCA FCT, Group Treasurer, Renewi, The Treasurer, August 2018, p18.''




== See also ==
== See also ==
* [[Financial Services Authority]]
* [[Brown]]
* [[Financial Conduct Authority]]
* [[ESG]]
* [[CFTC]]
* [[European Green Deal]]
* [[Green asset]]
* [[Green bond]]
* [[Green Bond Principles]]
* [[Green buffer]]
* [[Green Climate Fund]]
* [[Green collar]]
* [[Green crime]]
* [[Green curve]]
* [[Green debt]]
* [[Green Economy Mark]]
* [[Green energy]]
* [[Green equity]]
* [[Green finance]]
* [[Green Finance Education Charter]]
* [[Green Finance Initiative]]
* [[Green gilt]]
* [[Green hydrogen]]
* [[Greenlash]]
* [[Green infrastructure]]
* [[Green loan]]
* [[Green Loan Principles]]
* [[Green mortgage]]
* [[Green Paper]]
* [[Green project]]
* [[Green swan]]
* [[Sustainability]]
 
[[Category:Corporate_financial_management]]
[[Category:Ethics_and_corporate_governance]]

Revision as of 17:22, 28 September 2023

1. Sustainability.

Economic and other activity which is environmentally sustainable.


2. Green Loan Principles (GLP) and Green Bond Principles (GBP).

Compliant with the environmental sustainability guidance in the GLP, the GBP or both of them.


Renewi entirely green
"We are doing something slightly unusual and saying that we are entirely green.
There are not many companies in the world that can put that endorsement around all of their operations.
The category in which we describe ourselves as green, within the taxonomy of the Green Loan and Green Bond Principles, is that we are focused entirely on 'pollution prevention and control'.
This is our purpose in the framework.
We have then taken out some assets that are less green in order to give some clarification around the remaining assets."
Adam Richford FCA FCT, Group Treasurer, Renewi, The Treasurer, August 2018, p18.


See also