The UK Financial Reporting Council (FRC) and Financial Conduct Authority (FCA) have released two reports assessing the quality of climate disclosures in the financial statements of 25 premium listed companies from last year. Whilst companies were able to provide many of the TCFD disclosures expected by the FCA's Listing Rule, and climate-related reporting in the financial statements, the regulators noted the need for more granular information amongst possible improvements.
