Regulatory Alerts2021-06-18
Added · Updated
PS21/23: Enhancing climate-related disclosures by standard listed companies
The Financial Conduct Authority extends its climate-related financial disclosure requirements to issuers of standard listed shares and Global Depositary Receipts representing equity shares, excluding standard-listed investment entities and shell companies. The new rule, LR 14.3.27R, requires in-scope companies to include a statement in their annual financial report regarding compliance with the Taskforce on Climate-related Financial Disclosures recommendations, applying to accounting periods beginning on or after 1 January 2022. The rule operates on a comply or explain basis, mandating explanations for non-compliance and details of future steps, while updated guidance encourages consideration of Sustainability Accounting Standards Board metrics and net-zero transition plans.
More like this from FCA
FCA published 5 documents in the last 30 days. We email you each new one the day it's published.