Cheltenham: 01242 260066 | Bristol: 0117 933 5710 | Email accountants@mitchells.org

Investors call for clearer climate-related financial reporting

22 Oct 2019

Companies are failing to meet investors' expectations for clearer financial reporting on climate-related issues, according to a new report published by the Financial Reporting Council (FRC).

The FRC says that it is up to companies to 'close the gap between current reporting and investor expectations'. It has also warned that investors' requirements will increase as economies increasingly transition towards low carbon and climate-resilient futures.

Commenting on the report, Sir Jon Thompson, CEO of the FRC, said:'Investors are rightly demanding more information and greater transparency from companies on the challenges posed by climate change.

'As societal and investor expectations evolve alongside the regulatory environment, it is clear companies need to rapidly increase their transparency and improve their reporting to meet this demand.The FRC itself recognises the need to play a more active role in this space, and this report is an important step in recognising climate change as a priority and building on the FRC's activities.'

The FRC says it is providing guidance on how businesses can improve their reporting and disclosures. By 2022, the UK government expects all listed companies and large asset owners to disclose in line with the recommendations set out by the Taskforce on Climate-related Financial Disclosures (TCFD).

Try a site search Tax returns, budget, pension, rates and allowances...

Contact details

Cheltenham Office: 01242 260066
Bristol Office: 0117 933 5710

Company Registration No: 4161638
Company Registered in England and Wales.
Company details
Mitchell Glanville Limited
Registered Address: 41 Rodney Road, Cheltenham, Gloucestershire GL50 1HX

Bristol Office: The Garden Suite, 23 Westfield Park, Redland, Bristol BS6 6LT
Mitchell Glanville Limited regulated by the Institute of Chartered Accountants in England and Wales
Mitchell Glanville (Bristol) Limited regulated by the Association of Chartered Certified Accountants

© 2020 Mitchells Chartered Accountants. All rights reserved. We use cookies on this website, you can find more information about cookies here.