The FCA is consulting on extending its rules to standard listed issuers. By Paul A. Davies, Chris Horton, James Inness, Anna Ngo, and Charlotte Collins On 22 June 2021, the FCA published a Consultation Paper (CP21/18) on extending the application of the existing climate-related disclosure requirements for commercial companies with a UK premium listing to … Continue Reading
Consortium provides prototype climate-related financial disclosure standards, following earlier pledge to collaborate. By Paul A. Davies and Michael D. Green A group of leading sustainability and integrated reporting organisations has published a paper addressing standards for reporting on enterprise value and presenting prototypes of climate-related financial disclosure standards (the Paper). The co-authors include the Carbon … Continue Reading
The UK Government presents initiatives designed to green the UK economy and bolster attractiveness as an international financial centre. By Paul A. Davies and Michael D. Green On 9 November 2020, Rishi Sunak, Chancellor of the Exchequer, announced several initiatives designed to help the UK tackle climate change, while maintaining its position as an “open, … Continue Reading
Proposals to enhance climate-related disclosures include promoting the use of the TCFD recommendations. By Paul A. Davies, Nicola Higgs, Chris Horton, James Inness, and Michael D. Green On 6 March 2020, the UK’s Financial Conduct Authority (FCA) launched a consultation primarily focused on enhancing requirements on certain listed companies to make climate-related disclosures (the Consultation). … Continue Reading
The Guide aims to improve climate-related risk disclosure in organizations’ mainstream reports. By Paul A. Davies and Kristina S. Wyatt The Sustainability Accounting Standards Board (SASB) and Climate Disclosure Standards Board (CDSB) have issued a Taskforce on Climate-Related Financial Disclosures (TCFD) Implementation Guide designed to foster improved reporting of climate-related information. The TCFD has enjoyed widespread … Continue Reading
