ISSB issues global sustainability disclosure standards

The International Standards Setting Board released two major documents on sustainability in June – IFRS1 and IFRS2

IFRS1 set out the General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 sets out Climate-related Disclosures. Together the Read more

Only one in four organisations achieve extensive digital transformation

Over the past decade only one in four organisations said they had achieved extensive or complete digitalisation, according to a new study by the Association for Intelligent Information Management. A further 39 per cent said they had managed to Read more

UK’s local government audit “close to breaking point”

The system of local auditing in the UK is “close to breaking point”, the House of Commons Committee on Public Accounts (PAC) said. 

Local government bodies looking to publish their accounts for 2021-22 received only 12 per cent of Read more

Businesses struggle to keep pace with compliance burden

Businesses are struggling to keep pace with the growing burden of compliance, according to a Thompson Reuters study.

Most organisations (73 per cent) said they expected the volume of regulatory change to increase over the next twelve months Read more

UK businesses drag feet on climate preparations

Just over half (51%) of the UK’s businesses said it was the responsibility of government to ensure that organisations successfully adapt to the challenges of climate change – compared with only 15% that believed responsibility lies with their organisations. 

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Multinationals cut office space as post-pandemic habits bed in

About half of all multinational companies said they planned to reduce office space over the next three years, according to a survey by real estate companies Frank Knight and Cresa.

The largest number of global businesses (those with Read more

Carmakers face 10 per cent tariff hit over Brexit supply chain rules

European car manufacturers have warned the UK government to renegotiate its Brexit arrangements with Europe or risk losing thousands of jobs in the UK.

In May, the world’s third largest carmaker Stellantis (which owns brands such as Citroen, Peugeot Read more

UK business ethics codes lack clarity

While 90% of UK FTSE 100-listed companies have a publicly available code of ethics, those codes lack clarity in many cases, according to the Institute of Business Ethics (IBE).

The body rated 57% of ethics codes published by FTSE Read more