BlackRock's public policy efforts primarily focus on advocating for the Sustainability Accounting Standards Board and Task Force on Climate-related Financial Disclosures frameworks in support of consistent reporting standards for corporate issuers. In 2020, BlackRock provided comments in support of several policy efforts to encourage Task Force on Climate-related Financial Disclosures reporting. For example, we responded to the UK Financial Conduct Authority ('FCA') proposal to apply the Task Force on Climate-related Financial Disclosures framework to UK publicly listed issuers.57 We welcomed the subsequent announcement by the UK Government to introduce mandatory Task Force on Climate-related Financial Disclosures reporting by 2025. In our response to the FCA, we advocated for mandatory reporting on all publicly listed companies from 2021. We also submitted comments to the UK Department for Work and Pensions regarding proposed mandatory Task Force on Climate-related Financial Disclosures Reporting for large occupational pension schemes.58