Sustainability standards consolidation draws closer

Sustainability standards consolidation draws closer  IFRS Foundation seeks to launch sustainability standards board In response to growing demand for global standards as sustainability becomes ‘business as normal’ in financial reporting, the International Financial Reporting Standards (IFRS) Foundation is taking action in the run-up to the COP26 Summit. In September, the IFRS Foundation’s trustees intend to […]

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Regulators warn Covid-19 could delay UK company reporting

Impact of lockdowns could hold up verification of financial accounts Regulators are warning that reporting of annual results for listed companies could be delayed because of the coronavirus pandemic. The Financial Conduct Authority (FCA) and the Financial Reporting Council (FRC) said in a joint statement on 27 January that listed companies whose financial year ended […]

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Investors urge companies to account for climate-related risks

Investors urge companies to account for climate-related risks The impact of climate change risks on company profits and assets is now so high that it should be included in their financial reports, according to a group of investors. The investors, who hold over $100tn in assets, want companies to publish their financial reports and accounts […]

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