UK government urges finance firms to make net-zero pledge

UK government urges private finance firms to make net zero pledge Finance is a central theme in the race to net zero The UK government is calling on privately owned financial institutions to commit to a net-zero carbon future. Speaking at the Green Horizon Summit in London last week, UK business secretary Alok Sharma said […]

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Lord Callanan, Minister for Climate Change and Corporate Responsibility

UK commits to new accounting watchdog, despite delays The UK government has pledged to push ahead with a new authority to oversee corporate governance standards, following criticism from a top business committee over its inaction to date. In an open letter to the Business, Energy and Industrial Strategy (BEIS) committee, the government promised to push […]

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FRC reports highlight benefits of Covid disclosures

Companies face new reporting and governance targets Companies have been urged to improve their corporate reporting and governance practices in a new report from the Financial Reporting Council. The FRC published its Annual Review of the UK Corporate Governance Code on Thursday (9 January) with a list of recommendations for businesses. It said that a […]

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FRC climate "major review"

FRC promises corporate governance and reporting crackdown The Financial Reporting Council (FRC) is to expand its monitoring of corporate governance and reporting standards as it considers the effectiveness of its new governance code. In its annual report for the year ending 31 March 2019, the FRC said it will continue to tackle poor-quality audit work, […]

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