This guidance also includes a brief reminder of auditor’s responsibilities under ISA (UK) 720, The Auditor’s Responsibilities Relating to Other Information, related to Streamlined Energy and Carbon Reporting (SECR) disclosures.

For accounting periods beginning on or after 1 January 2021, all UK premium listed companies are required to state, in their annual financial report, whether their climate-related disclosures are consistent with the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations, or to explain why not. For periods beginning on or after 1 January 2022 a similar requirement will apply to standard listed companies.