FRC call for participants on net zero disclosures
Are you involved in reporting on net zero commitments, or do you seek to use this type of data? If so, you may be interested in participating in a new project from the Financial Reporting Lab at the UK’s Financial Reporting Council (FRC).
As part of global efforts to combat climate change, companies are increasingly making net zero commitments. Interest in disclosures on these plans is growing. However, says the Lab, reporting is often aspirational and high level, and does not provide users with information about progress and whether the entity’s strategy will deliver on the company’s commitment. In this context, the Lab is launching a project to better understand how information on net zero commitments is reported on by companies and used by investors. It invites interested parties to get in touch by 15 April 2022.
Read more here.