Climate reporting is entering a new era of depth, consistency, and scrutiny and will continue to transform in the future to come. Organisations must now navigate interconnected requirements spanning TCFD and UK CFD disclosures, the incoming UK Sustainability Reporting Standards (UK SRS), evolving GHG Protocol v2 guidance, and strengthened expectations under SBTi v2.

High‑quality carbon accounting underpins all of these frameworks, forming the foundation for credible emissions metrics, robust transition plans, and transparent climate‑related financial disclosures. As regulators increasingly expect clearer linkage between climate data and financial impacts—supported by IFRS sustainability and financial reporting guidance—businesses face rising expectations across both mandatory and voluntary regimes.

We help organisations build complete and assured GHG inventories, assess and strengthen transition plans, and align climate reporting to the rapidly shifting landscape, enabling you to meet regulatory requirements, demonstrate progress against net‑zero commitments, and deliver trusted, decision‑ready insight to stakeholders.

Sahil Malhotra

Director, ESG Reporting

KPMG in the UK

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Do you have a complete, up‑to‑date view of all your Scope 1, 2, and 3 emissions?

Are your organisational and operational boundaries clearly defined and documented?

Is your GHG inventory built on actual activity data rather than assumptions and estimates?

Are your methodologies aligned with the latest GHG Protocol requirements—and are you prepared for GHG Protocol v2?

Have your calculation models and emission factors been reviewed for accuracy, traceability, and consistency?

Do you have clear SOPs that ensure repeatable, high‑quality data every reporting cycle?

Where are you still relying heavily on proxies or estimates—and what would it take to shift to actual firm‑wide data?

Do you have the data systems and processes to reduce uncertainty and improve audit readiness?

Is your carbon data ready for UK SRS, ISSB/UK IFRS Sustainability, TCFD/UK CFD, and sector‑specific requirements?

Are you confident that your GHG data appropriately supports voluntary commitments such as SBTi v2?

Can you clearly connect climate metrics to financial impacts and transition planning?

Do you have strong internal controls, data workflows, and governance in place across your GHG reporting process?

Is your documentation sufficient for internal review and external assurance?

Is your carbon data transparent, consistent, and complete enough to withstand assurance under emerging requirements?

Measure of non-financial topics

Practical, data-driven assistance designed to enhance your climate and non-financial reporting — from comprehensive carbon inventories to the development of metrics across various non-financial domains. We support you in ensuring your disclosures are complete, reliable and aligned with stakeholder expectations, regulatory standard and prepared for assurance with confidence.

eco

Carbon

Climate reporting and carbon accounting require organisations to establish a complete and reliable greenhouse gas inventory covering Scopes 1, 2, and 3, based on clearly defined organisational and operational boundaries. We can assist you by ensuring consistent application of calculation methodologies, improving data quality and integrate your disclosure into financial statements.

thermostat

SBTI

The Science Based Targets initiative (SBTi) is a globally recognised framework that helps organisations set emissions reduction targets aligned with climate science and the Paris Agreement’s 1.5°C ambition. By adopting SBTi-validated targets, companies demonstrate credible commitment to decarbonisation and greater transparency. We support this journey end-to-end—from emissions baselining and target setting to roadmap development and SBTi validation—turning climate ambition into measurable results.

assessment

ISSB (including UK SRS)

UK SRS and ISSB mark a step change in corporate reporting, requiring robust, decision-useful disclosures that link ESG performance to financial outcomes and strategy. Our services support finance and sustainability leaders in navigating complex data, governance, and evolving standards to deliver high-quality sustainability reporting.

insights