Thursday 18 Oct 2018 @ 14:05
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FRC: Blog - Changing climate: Changing reporting

Blog by Phil Fitz-Gerald, Director of the FRC's Financial Reporting Lab

The changing climate will impact our lives and the societies we live in. There are many calls to action for all parts of society to respond, and do so quickly.  The Financial Reporting Council’s (‘FRC’) Financial Reporting Lab (‘the Lab’) is playing its part in calling for companies to be more transparent on how they are addressing climate risk.  Whilst reporting, in itself, cannot limit the effect of climate change, transparency of how companies are responding to this risk provides stakeholders with better information and may guide how they interact with a company: whether it is investors deciding whether to invest; employees deciding which companies they would like to work for; customers deciding which products to buy; or suppliers deciding which company to sell their products to.  At the FRC we firmly believe that reporting changes behaviour.

Read the full blog at https://www.frc.org.uk/frc-for-you/blogs-and-podcasts/blog-changing-climate-changing-reporting

Contact the Press Office

Rita CarolanCommunications Manager

 

Original article link: https://www.frc.org.uk/news/october-2018/blog-changing-climate-changing-reporting

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