The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 were made earlier this week and come into force on 6 April: see here or here (pdf). The accompanying explanatory memorandum, available here (pdf), explains that the Regulations "... will require certain companies to report climate-related financial information in the Non-Financial and Sustainability Information statement which forms part of the Strategic Report. The information to be disclosed will be descriptions by the company of the climate-related risks and opportunities it identifies as material for its business; its governance and risk management approaches to these; how these risks and opportunities impact its strategy and business model; and the targets and performance indicators it applies to managing them" (para. 7.5).
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