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ARTICLE · 29 NOVEMBER 2021

ESG – A Continually Evolving Area

In November last year we considered the opportunities and challenges posed by environmental, social and governance matters for registered providers of social housing.

United KingdomCorporate/Commercial Law

In November last year we considered the opportunities and challenges posed by environmental, social and governance (ESG) matters for registered providers of social housing (RPs). However, ESG is a continually evolving area and we consider some recent updates below.

FRC statement of intent on ESG challenges

In July, the Financial Reporting Council (FRC) published a Statement of Intent on ESG challenges identifying a number of barriers for companies aiming to achieve an effective and efficient system of ESG reporting in a way that meets stakeholder demands. The statement also identifies various actions that the FRC plans to undertake to support the market.

The FRC acknowledges, as we know, that there is an ever-increasing amount of regulatory change in this area and there remain a range of underlying issues with:

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