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.
