Climate change disclosures will be under close examination from next year, the UK’s financial reporting watchdog has warned, just days ahead of the UN’s COP26 climate conference in Glasgow. The Financial Reporting Council’s warning comes in its annual review of corporate reporting, which reveals the regulator was forced to write to 97 companies with “substantive questions” about their reporting while 15 were “required to restate their accounts”. But looming over the UK’s premium listed companies is the need to report using the TCFD (Task Force on Climate-related Financial Disclosures) framework, a system launched by the G20’s Financial Stability Board (FSB) in 2017 and now at the heart of Treasury plans to adjust the