• Resources
    • Resource database
    • Events
    • Case Studies
  • TCFD Recommendations
    • Recommendations Overview
    • Getting Started
    • Governance
    • Strategy
    • Risk Management
    • Metrics and Targets
    • Scenario Analysis
    • Alignment with Other Frameworks
    • FAQs
  • Contribute
  • Online courses
  • Support the TCFD

TCFD Knowledge Hub

Home > Resources > Accountability Emergency: A review of UK-listed companies’ climate change-related reporting (2019-20)
 Back to Resources
Article name & author

Accountability Emergency: A review of UK-listed companies’ climate change-related reporting (2019-20)

Author: ClientEarth

Industry Group: All Industry Groups

G S R M
United Kingdom
Research / Insights - 2021
The overwhelming majority of top listed companies in the UK are woefully inadequate at disclosing in corporate reporting how climate change will affect their business – with many potentially breaching the law – a new study shows.

Existing UK laws require all large companies to disclose material information about their climate change-related risks and impacts.

Clear investor demand means that companies must provide a detailed picture of how their business is positioned as the global economy shifts towards ‘net-zero’ greenhouse gas emissions, including how it will impact their strategy, long term viability and balance sheet. Company auditors must also sign off on their work.

To see how firms and auditors meet this demand, lawyers reviewed the entire FTSE 100 and the largest 150 companies on the FTSE 250, studied each company’s most recent annual report, and developed a quantitative assessment of how company disclosures match up against existing disclosure requirements.
 Was this resource useful?

Keywords

Climate-related risk, Disclosure/reporting
Read more Go to resource
Loading...
Report a Problem
  • This field is for validation purposes and should be left unchanged.
Case Study

Powered by:

This site is operated by the Climate Disclosure Standards Board*

  • About the Hub
  • FAQ
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Contact Us

[email protected]

Newsletter sign up

To receive updates about the platform and its launch, sign up to the newsletter

The newsletter is operated by the Climate Disclosure Standards Board*

Subscribe

*The Climate Disclosure Standards Board is part of CDP Worldwide, registered charity number 1122330, a company limited by guarantee 05013650 and its wholly owned subsidiary CDP operations Ltd company registration number 06602534, headquartered at CDP Worldwide, 71 Queen Victoria Street, London EC4V 4AY, United Kingdom. CDP Worldwide is regulated by the Charity Commission.