Review by the UK regulator finds there is “little evidence” that business models and strategy are being influenced by climate considerations.
UK corporate reporting is under pressure again, with companies once more being asked to up their game on climate disclosures.
UK regulator the Financial Reporting Council (FRC) says improvements are needed to meet the demands of investors on the climate crisis following a review. It also encourages companies to adopt reporting guidelines drafted by the G20’s Task Force on Climate-related Financial Disclosures (TCFD), a reporting system plugged by chancellor Rishi Sunak this week, who said they would be mandatory for companies by 2025.
With the UK hosting the COP26 summit on climate change next year there is mounting pressure to be see
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