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ARTICLE · 24 JANUARY 2023

ESG Reporting Requirements

The importance of sustainability is increasingly prevalent in today's society. Consumers and particularly investors want to know that businesses recognise their impact on wider society...

United KingdomCorporate/Commercial Law

The importance of sustainability is increasingly prevalent in today's society. Consumers and particularly investors want to know that businesses recognise their impact on wider society and the environment and are actively looking to improve this.

What is ESG?

ESG stands for Environmental, Social and Governance. It is a term used to describe standards that measure a business' effect on the environment and society. A strong ESG strategy ensures that a business is transparent about its operations and keeps it accountable for its impact.

New Regulations

The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 (CR22) came into force on 6 April 2022, amending certain provisions of the Companies Act 2006 (CA 2006).

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