ASOS, Boohoo and George at Asda commit to clear green claims March 27th, 2024 The UK’s Competition and Markets Authority (CMA) have secured undertakings that commit ASOS, Boohoo and George at Asda to use only accurate and clear green claims. The trio of retailers have committed to changing the way they display, describe and promote […]
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FRC launches stewardship code review 28th February, 2024 The UK’s Financial Reporting Council (FRC) has launched a review of the UK Stewardship Code 2020 to ensure it supports the growth of the UK’s competitiveness on the global stage. The review will focus on the extent to which the code supports the creation of long-term value […]
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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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Government takes up the plight of Uyghur Muslims The UK government is introducing new rules to prevent the import of goods suspected of using forced labour in China’s Xinjiang province. Foreign secretary Dominic Raab told the House of Commons on Tuesday that companies would have to make sure their supply chains are free from forced […]
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Audit 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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UK SDG group joins UN Global Compact An action group focused on furthering progress of the UN’s Sustainable Development Goals (SDGs) in the UK has become part of the UN Global Compact Network (GCN). UK Stakeholders for Sustainable Development (UKSSD), which is to join the global movement, said it was part of the organisation’s growth plans and follows the departure of network director Emily Auckland. Since it […]
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