Conditions for a resilient recovery in the UK

ClientEarth urges the UK government to mandate that companies receiving public recovery funds commit to TCFD reporting, net zero emissions by 2050, Paris-aligned business plans, linked executive remuneration, and restrictions on executive pay and capital distributions.

• ClientEarth proposes that any company listed in the UK or with an annual turnover exceeding £45 million receiving recovery support must make legally enforceable commitments to report according to the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD) and achieve net zero emissions (scopes 1, 2, and 3) by 2050 or earlier.
• The proposed conditions include the requirement for companies to disclose a "Paris-aligned business plan" within 12 months of receiving support, which must include transparency measures, accountability, and annual progress reports.
• To ensure a just transition and prioritize workers' interests, ClientEarth suggests that the government impose restrictions on capital distributions, such as dividends and share buy-backs, and limit executive pay and bonuses for the duration of the support.
• The document argues that the UK government must act as a responsible steward of taxpayer money by monitoring compliance with these conditions, imposing sanctions for non-compliance, and publicly disclosing support details on a company-by-company basis.

APA

ClientEarth (2020). Conditions for a resilient recovery in the UK. https://www.clientearth.org/media/yj3feex0/clientearth-letter-to-prime-minister-ce-en.pdf

Chicago

ClientEarth. Conditions for a resilient recovery in the UK. 2020. https://www.clientearth.org/media/yj3feex0/clientearth-letter-to-prime-minister-ce-en.pdf.

Wikipedia

{{cite press release |author=ClientEarth |title=Conditions for a resilient recovery in the UK |date=3 June 2020 |url=https://www.clientearth.org/media/yj3feex0/clientearth-letter-to-prime-minister-ce-en.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{clientearth2020conditions, author = {{ClientEarth}}, title = {{Conditions for a resilient recovery in the UK}}, publisher = {ClientEarth}, year = {2020}, month = jun, url = {https://www.clientearth.org/media/yj3feex0/clientearth-letter-to-prime-minister-ce-en.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }