IFRS takes over monitoring climate-related disclosures from TCFD December 8th, 2023 The International Financial Reporting Standards Foundation (IFRS) will oversee companies’ climate-related disclosures following the disbanding of the Task Force for Climate-related Financial Disclosures (TCFD). The Financial Stability Board (FSB) has announced that the work of the TCFD has been completed, with the International Sustainability […]
Read MoreJust 4% of companies are reporting in line with all 11 of the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations, according to its latest status report.
Read MoreThe European Central Bank (ECB) and the International Monetary Fund (IMF) have called for a global standard setter to align climate disclosures across jurisdictions and make these more reliable for investors.
Read MoreAudit watchdog: UK companies must report climate disclosures FRC to push companies to speed up on the race to net zero Companies are being urged to improve their reporting on climate change to meet the increased expectations of investors. On November 10, the UK’s Financial Reporting Council (FRC) called on public interest entities to report […]
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