UK Seeks Stakeholder Input on Crucial Sustainability Reporting Amendments
London, UK – The UK’s financial reporting landscape is undergoing a significant evolution as the Financial Reporting Council (FRC), acting as the secretariat for the UK Sustainability Disclosure Technical Advisory Committee (TAC), actively seeks public opinion on proposed amendments to the Sustainability Accounting Standards Board (SASB) Standards. These changes, put forth by the International Sustainability Standards Board (ISSB), are pivotal for shaping the future of corporate sustainability disclosures in the United Kingdom.
The TAC plays a critical role in channeling the perspectives of UK stakeholders to the government, offering vital advice on sustainability reporting practices.To ensure its response to the ISSB’s consultation is extensive and representative, the TAC is inviting a broad spectrum of interested parties to share thier views. This includes users and preparers of sustainability reports, experts in various sectors and thematic areas, SASB Standard specialists, data providers, and any other relevant organizations.
Stakeholders have until Friday, August 29th, to complete a concise survey detailing their thoughts on the amendments outlined in the ISSB’s exposure drafts. Furthermore, the FRC will host an online roundtable discussion on September 2nd, from 15:00 to 16:30 BST, as part of a wider outreach initiative concerning the proposed SASB standard amendments. Those wishing to participate in the roundtable are encouraged to register their interest by emailing TACSecretariat@frc.org.uk with their contact details.
The insights gathered through this engagement will directly inform the FRC’s official response to the ISSB. For those interested in further dialog with the TAC regarding the ISSB’s amendments to the SASB Standards, direct inquiries can be made to sustainability@frc.org.uk.
Interested parties can access the survey directly via this link: Complete the survey.
A copy of the survey questions is also available for review: Read a copy of the survey questions.
