Position Statement

ClientEarth proposes that the UK Government mandate five legally enforceable conditions for companies listed in the UK or with an annual turnover exceeding £45 million receiving recovery support. These conditions include reporting according to TCFD recommendations, committing to net zero emissions by 2050 or earlier (covering scopes 1, 2, and 3), and disclosing a Paris-aligned business plan within 12 months. Additionally, the proposal suggests linking executive remuneration to these targets and restricting executive pay and capital distributions during the support period. ClientEarth emphasizes that the Government, as steward of public funds, must monitor compliance, impose sanctions for non-compliance, and maintain transparency by disclosing support and conditions on a company-by-company basis.

• ClientEarth proposes five legally enforceable conditions for UK-listed companies or those with an annual turnover over £45 million receiving government recovery support: reporting via the Task Force on Climate-related Financial Disclosures (TCFD), achieving net zero emissions (scopes 1, 2, and 3) by 2050 or sooner, disclosing a Paris-aligned business plan within 12 months, linking executive pay to these targets, and restricting executive bonuses and capital distributions during the support period.
• The document argues that the UK Government must act as a responsible steward of taxpayer money by monitoring compliance with recovery conditions, imposing sanctions for failures, and providing public, company-by-company transparency regarding the support and conditions provided.

APA

ClientEarth (2020). Position Statement. https://www.clientearth.org/media/1e3fqk4r/position-statement-resilient-recovery-conditions-ce-en.pdf

Chicago

ClientEarth. Position Statement. 2020. https://www.clientearth.org/media/1e3fqk4r/position-statement-resilient-recovery-conditions-ce-en.pdf.

Wikipedia

{{cite press release |author=ClientEarth |title=Position Statement |date=June 2020 |url=https://www.clientearth.org/media/1e3fqk4r/position-statement-resilient-recovery-conditions-ce-en.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{clientearth2020position, author = {{ClientEarth}}, title = {{Position Statement}}, publisher = {ClientEarth}, year = {2020}, month = jun, url = {https://www.clientearth.org/media/1e3fqk4r/position-statement-resilient-recovery-conditions-ce-en.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }