Tag: Taskforce for Climate-related Financial Disclosures

Government’s advisers endorse new UK sustainability reporting standards
Adopting IFRS S1 and S2 is a ‘crucial step in aligning UK businesses with global reporting practices’, according to regulators.

Boards struggle with CSRD ‘double materiality’ demands
A further challenge emerging from the Corporate Sustainability Reporting Directive is accurate and thorough data collection, survey finds.

Sustainability assurance audits raise competition fears
There is a risk the market may become dominated by the Big Four, a study by the Financial Reporting Council reveals.

Smaller listed companies fall short of financial reporting standards
The quality of many non-FTSE 350 company financial reports is ‘concerning’, the Financial Reporting Council’s review found.

FTSE 100 correct climate reporting errors
Nearly half of corporates have needed to make restatements in their sustainability metrics, research by Deloitte reveals.

SEC votes in new US climate risk disclosure rules
The US regulator-approved rules mean companies must make extensive new disclosure on “material” climate change risks.

Manufacturers increase ESG commitment
A rising proportion of the UK’s makers are setting sustainability targets, but find it difficult to assess their suppliers’ ESG progress.

European investors lead the US on ESG demands
But American investors are more likely to disclose their shareholder activism than EU counterparts, recent research reveals.

Banks must pay ‘close attention’ to ESG
Regulators have expressed concern about sustainability linked loans and ‘greenwashing’, a recent panel discussion revealed.

Companies struggle with climate risk reporting
There is a need for firms to make ‘clearer, more decision-useful disclosures’, says the Financial Reporting Council.