FRC thematic review examines quality of climate-related metrics and targets disclosures
News types: Corporate Reports, Guidance, Policies and Responsibilities, Publications
Published: 26 July 2023
“This review highlights the continued need for clearer, more decision-useful disclosures of companies’ plans to transition to a low-carbon economy. We encourage companies to focus on explaining targets, actions, and any impacts on the financial statements.
“With greater maturity in reporting, we expect clearer and more concise disclosures reflecting how companies measure and manage their individual climate risks and opportunities.”