The Association of British Insurers (ABI) has called on the UK's financial regulators to make renewable energy data more readily available. In a letter sent to the Financial Conduct Authority (FCA), it said that while there was no legal requirement for banks and insurers to disclose information about their customers' electricity use, they should be required to do The organisation has also called for greater attention to be paid to long-term sustainability factors when considering assets.
The Association of British Insurers (ABI) has called on the UK's financial regulators to make renewable energy data more readily available. The ABI claims increased transparency would boost investment in clean power projects as the current restrictions make it harder for investors to identify the best opportunities and manage their exposure. The organisation has also called for greater attention to be paid to long-term sustainability factors when considering assets.