Understanding the impact of climate change on financial reporting is crucial for UK businesses. Investors and regulators require clarity on how climate-related risks and opportunities impact a company’s financial health and future performance. They expect financial statements and sustainability reports to transparently reflect these factors, along with the strategic steps taken by the company in its transition to a low-carbon economy.
Additionally, they anticipate that all aspects of a company’s reporting will be consistent and integrated, presenting a clear and connected overview of its approach to managing climate-related challenges.
Are you clear on climate reporting?
Clear on climate reporting hub
This hub offers comprehensive insights to help organisations and their stakeholders navigate climate-related financial reporting. It features high-level guidance on necessary actions, FAQs addressing potential financial statement impacts, and a range of videos and podcasts that delve deeper into sector-specific issues.
Whether you're assessing risks or aligning sustainability with financial statements, this resource ensures you stay clear and compliant in your climate reporting efforts.
Visit the KPMG Global Climate Reporting Hub for more.