sustainability reporting

Two accountancy bodies collaborate on standards for sustainability reporting

January 29th, 2025


The International Auditing and Assurance Standards Board (IASSB) and the International Ethics Standards Board for Accountants (IESB) have published standards and guidance to strengthen sustainability reporting.

The integrated …

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FRC Logo

FRC releases major update to UK Stewardship Code

July 22nd, 2024


The Financial Reporting Council (FRC) has published significant revisions to the UK Stewardship Code application process.

The regulator has also announced that it has identified five priority areas of …

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ESG reporting, esg regulation

GRI and IFRS partner on sustainability reporting interoperability

May 29th, 2024


The Global Reporting Initiative (GRI) and the International Financial Reporting Standards (IFRS) Foundation have collaborated to optimise how their standards can be used together. 

They announced the agreement, under …

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collaboration

TNFD and GRI collaborate on mapping document and guidelines

April 17th, 2024


The Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) are once again joining together to offer guidance for companies on corporate reporting standards.

The …

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internal control

FRC revises corporate governance code

January 26th, 2024


The Financial Reporting Council (FRC) has announced revisions to the UK Corporate Governance Code that enhance transparency and accountability, primarily through an update to how boards approach internal controls.

The FRC said …

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Global warming and climate change

FRC identifies TCFD disclosures as area of focus

December 14th, 2023


The Financial Reporting Council (FRC) will include climate-related risks, including Task Force on Climate-Related Financial Disclosures (TCFD), as one of its key areas of supervisory focus for 2024/25 financial …

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FRC

FRC scraps ESG policies as audit reforms left out of government agenda

November 8th, 2023


The Financial Reporting Council (FRC) will drop several proposals related to ESG set out in its UK Corporate Governance Code after it was dropped from …

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TCFD Climate Disclosures

Only 4% of companies disclosing in line with full TCFD 

October 26th, 2023


Just 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.…

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transition plan

TPT publish UK gold standard Disclosure Framework 

October 11th, 2023


The UK’s Transition Plan Taskforce (TPT) has released its gold standard disclosure framework for financial institutions, which will support best practice transition plans.

The framework outlines the five key …

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TNFD nature-related disclosures

TNFD publishes final disclosure recommendations 

September 20th, 2023


The Taskforce on Nature-related Financial Disclosures (TNFD) has published its final recommendations for nature-related risk management and disclosure.

TNFD has released 14 recommended disclosures and a suite of additional implementation guidance …

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