In June 2021 HM Treasury announced a new independent group to help tackle ‘greenwashing

The Green Technical Advisory Group (GTAG) will oversee the Government’s delivery of a “Green Taxonomy” – a common framework setting the bar for investments that can be defined as environmentally sustainable.”

The UK’s net zero economy goal was boosted today (9 June 2021) with the appointment of a new expert group whose work will support investors, consumers and businesses to make green financial decisions”

  • new independent expert group established to advise on standards for green investment
  • UK Green Taxonomy part of Government’s efforts to improve the environment, accelerate the transition to net zero and create green jobs
  • better data will help companies, investors and consumers to make informed green choices, support investment in sustainable projects and boost efforts to tackle climate change