Climate reporting – Mandatory legislation for the UK’s largest listed (including AIM) companies, banks, insurers and private companies aligned with TCFD

What’s the issue? Legislation has been published The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2021 that mandates the UK’s largest listed companies, banks and insurers, as well as some private companies, to report on how they are considering the...

Climate-Related Financial Disclosures for 2021 and beyond – Where are we now?

The TCFD disclosure requirements became effective for UK premium listed companies at the start of 2021 and will do so for standard listed companies from January 2022. New regulations will also become effective from April 2022 which will also capture...

BEIS consultation: Restoring trust in audit and corporate governance – Focusing on the proposals for corporate reporting (part 1)

The proposals set out in the Government’s Department for Business, Energy & Industrial Strategy (“BEIS”) consultation Restoring trust in audit and corporate governance unquestionably has a primary focus on audit reform, however there are some substantial aspects in relation to...

There’s much at stake: Reporting on employees, customers and suppliers under Section 172 for 2019 year-ends

The requirements for listed companies to manage their businesses and report on the outputs to, and relationships with, a broader group of stakeholders than just shareholders have been growing for some time.  Here we consider the ‘Section 172’ change that...

Distributable reserves – Change is on the horizon

The requirements surrounding distributable reserves – specifically, what counts as distributable profits and whether companies should be disclosing their levels of distributable profits - are currently under scrutiny by the BEIS Committee, the Competition & Markets Authority and the Investment...