New requirements for climateârelated disclosures are proposed in the UK FCA’s long-awaited consultation paper Aligning listed issuers’ sustainability disclosures with international standards (CP26/5). The move would replace the existing TCFDâbased framework with requirements aligned to the emerging UK Sustainability Reporting Standards (UK SRS), based on the IFRS’s ISSB
FCA proposes alignment with ISSB on climate disclosures
Aligning to ISSB via the UK SRS will bring clarity and structure both for companies and investors.