On 31st January 2022, the Climate Disclosure Standards Board (CDSB) was consolidated into the IFRS Foundation to support the work of the newly established International Sustainability Standards Board (ISSB). While this site and its resources remain relevant for preparers looking to improve sustainability disclosure until such time as the ISSB issues its IFRS Sustainability Disclosure Standards on such topics, no further work or guidance will be produced or published by CDSB. For further information please visit the IFRS website.

CDSB launches guidance to help comply with UK greenhouse gas reporting requirements

CDSB has launched new guidance aimed at UK quoted companies disclosing their Greenhouse Gas emissions (GHG) to comply with recent amendments to the UK Companies Act 2006 (Strategic Report and Directors’ Report).

The guidance is designed to help companies comply with the regulations on GHG emissions reporting and also to provide contextual and other information that explains both the GHG emissions results and how the company is managing risks and opportunities associated with climate change.

By showing the links between the new requirements of the Companies Act and a company’s existing voluntary CDP disclosure, the guidance helps practitioners avoid extra reporting burden and ensure consistency across communications.

The guidance was produced with the kind support of KPMG LLP (UK).