UK Endorsement of IFRS S1 & IFRS S2 – Call for Evidence

Published: 30 October 2023

4 minute read

Introduction

Published: 18 July 2023

Response deadline: 11 October 2023

In July 2023 the Secretariat to the UK Sustainability Disclosure Technical Advisory Committee (TAC) published a call for evidence to seek UK views on the IFRS Sustainability Disclosure Standards (IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures) as issued by ISSB and their prospective use in the UK.

The responses to this call for evidence will be used to inform the UK Sustainability Disclosure TAC’s technical assessment of IFRS S1 and IFRS S2. In particular, this call for evidence is designed to identify views on whether the disclosures required by the IFRS Sustainability Disclosure Standards, in the context of the UK:

  • will result in disclosures that are understandable, relevant, reliable and comparable for investors;
  • are technically feasible to prepare;
  • can be prepared on a timely basis and at the same time as general purpose financial reports; and
  • are expected to generate benefits that are proportionate to the costs that are likely to be incurred.

The closing date for responses was 11 October 2023. Unless confidentiality was expressly requested by the respondent, all responses are published on the FRC website[1] .

Documents
Name UK endorsement of IFRS S1 and IFRS S2: Call for evidence
Publication date 18 July 2023
Format PDF, 131.1 KB
Name UK endorsement of IFRS S1 and IFRS S2: Template response
Publication date 18 July 2023
Format DOCX, 40.8 KB

Responses

Documents
Name 01 TAC Response Norges Bank Investment Management
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 290.3 KB
Name 02 TAC Response Association of Church Accountants and Treasurers
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 184.6 KB
Name 03 TAC Response Terrascope
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 257.5 KB
Name 04 TAC Response WBCSD
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 96.9 KB
Name 05 TAC Response UK Environmental Law Association
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 109.3 KB
Name 06 TAC Response Chartered Governance Institute
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 57.0 KB
Name 07 TAC Response International Underwriting Association
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 300.5 KB
Name 09 TAC Response Friend Studio
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 32.9 KB
Name 10 TAC Response Legal and General Group
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 116.7 KB
Name 11 TAC Response Mazars
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 183.1 KB
Name 12 TAC Response PwC
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 303.5 KB
Name 13 TAC Response Saffery
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 136.2 KB
Name 14 TAC Response Principles for Responsible Investment
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 183.6 KB
Name 15 TAC Response Risilience and Cambridge Centre for Risk Studies
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 122.1 KB
Name 16 TAC Response KPMG
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 314.4 KB
Name 17 TAC Response EY
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 274.0 KB
Name 18 TAC Response Quoted Company Alliance
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 226.6 KB
Name 20 TAC Response UK Chamber of Shipping
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 74.1 KB
Name 21 TAC Response Lloyds Banking Group
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 211.9 KB
Name 22 TAC Response Shell plc
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 208.5 KB
Name 23 TAC Response T Rowe Price International
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 291.7 KB
Name 24 TAC Response M&G
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 111.8 KB
Name 25 TAC Response UK Finance
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 876.2 KB
Name 26 TAC Response UK Sustainable Investment Forum
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 215.2 KB
Name 27 TAC Response British Private Equity & Venture Capital Association
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 145.7 KB
Name 28 TAC Response BDO
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 101.6 KB
Name 29 TAC Response Bloomberg LP
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 117.2 KB
Name 30 TAC Response Deloitte
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 287.0 KB
Name 31 TAC Response Accenture
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 879.9 KB
Name 32 TAC Response AICPA
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 143.9 KB
Name 33 TAC Response Mimi Ajibade
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 29.8 KB
Name 34 TAC Response techUK
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 73.2 KB
Name 35 TAC Response Association of British Insurers
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 1.4 MB
Name 37 TAC Response American Property Casualty Insurance Association
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 136.6 KB
Name 38 TAC Response MSCI
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 114.5 KB
Name 39 TAC Response Universities Superannuation Scheme Ltd
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 188.1 KB
Name 41 TAC Response ICAEW
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 158.0 KB
Name 42 TAC Response Finance and Leasing Association
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 513.0 KB
Name 43 TAC Response The Investment Association
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 310.2 KB
Name 44 TAC Response Railpen
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 404.3 KB
Name 45 TAC Response ICAS
Publication date 30 October 2023
Type Response letter to FRC consultations
Format PDF, 112.4 KB

Contact us

To contact the TAC please email: [email protected]

Footnotes

  1. [1]

    The FRC is providing the Secretariat to the TAC