International Technical Updates September 2021
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Our roundup of regulatory news.
Sustainability and climate news and insights
Read the latest articles on sustainability and climate change from our Insights section.
Accountancy’s role in fighting the climate crisis
The UN’s COP26 climate summit demands far more than warm words; world leaders must explain how they will curb emissions and prepare their countries to cope with all the risks the climate crisis will bring. Accountants have a pivotal role to play over the next decade and beyond.
BEIS: offshore wind scheme receives bulk of £265m CfD budget
The UK government has announced the biggest-ever round of support for its flagship renewable energy scheme.
Adapting to the climate crisis: Turning risky business into opportunity
Many businesses aspire to meet net-zero carbon emissions in the future, but the changing climate is already reshaping the way some are operating today. We speak to companies adapting their business models.
UK Council stares down deficit and innovates
Waverley Borough Council talks us through its funding challenges, service delivery achievements and the seemingly impenetrable nature of local authority accounts.
FRC presses for improved SECR disclosures
The Financial Reporting Council has urged companies to step up their efforts on climate-related disclosures for Streamlined Energy and Carbon Reporting rules, which came into effect from 1 April 2019.
The World Map of Hydrogen
Tania Songini delves into the complicated world of hydrogen.
ESG tops business priority list
Almost a third of mid-market businesses say they face a high risk of losing business if they fail to act on ESG, according to new research, which also ranks ESG above Brexit and COVID in priority.
How can chartered accountants help shape a greener, fairer, more resilient future?
ICAEW Scotland held a half day workshop on 22 June 2021 to address the topic of “business and sustainability”, to identify ways in which chartered accountants can take action to help to deliver a sustainable future aligned with the UN’s Sustainable Development Goals.
2021 marks step-change in corporate action on ESG reporting
More mainstream investors are seeing ESG as real investment issues and are calling for companies to provide better disclosure - something which ramps up the need for improved information systems, says former FASB chairman Bob Herz.