Britain is planning to enforce stricter climate disclosures for listed companies starting from January 2026. The decision on whether to endorse a global set of climate disclosures will be made in the second quarter of next year. Currently, Britain requires listed companies to make climate-related disclosures using norms from a global taskforce, but these are expected to be replaced by more rigorous rules from the International Sustainability Standards Board (ISSB), which Britain and other G20 countries have backed. The government aims to make the UK-endorsed ISSB standards available in the first quarter of next year, with a final decision on their formal adoption in the following quarter. The Financial Conduct Authority will be able to use the UK Sustainability Reporting Standards to introduce requirements for UK-listed companies to report sustainability-related information.

Source: Reuters