Government writes to Commons ahead of finalised UK SRS

The Department of Business & Trade wrote to the House of Commons Business and Trade Committee at the end of February to herald the imminent publication of the finalised UK Sustainability Reporting Standards, which it then confirmed. The UK SRS create a voluntary framework that will enable those companies that follow it to set out their climate performance in a clear and comparable way for  investors. UK SRS S1 sets general requirements, while UK SRS S2 focuses on climate related disclosures.

The FCA’s consultation on whether to introduce requirements for certain listed entities to report against UK SRS is open until 20 March.