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ESG and sustainable finance weekly: UK SRS endorsement timeline, AFME Q2 ESG issuance trends, TNFD endorses cross-reference reporting (26 September 2024)

Published on: 26 September 2024

Published by a LexisNexis Banking & Finance expert
Legal News
Table of contents
  • UK development
  • DBT publishes guidance on development of UK Sustainability Reporting Standards
  • EU development
  • AFME publishes ESG finance report for Q2 2024
  • International development
  • TNFD endorses the use of cross-reference tables in corporate reporting
  • Useful information
Article summary

UK development DBT publishes guidance on development of UK Sustainability Reporting Standards

The Department for Business and Trade (DBT) has issued guidance on shaping UK Sustainability Reporting Standards (UK SRS), setting out the government's approach to establishing two UK SRS by evaluating and, where appropriate, endorsing the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards as the global corporate reporting baseline, namely IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2: Climate-related Disclosures. The government plans to reach endorsement decisions on these standards by the first quarter of 2025. This guidance outlines the government's framework for their development and adoption. See: LNB News 19/09/2024 40...

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