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Net zero disclosures - what do investors want to know?
- 04 November 2022
- Accounting
- South African Accounting Academy
Companies are increasingly setting net zero targets.
As part of global efforts to combat climate change, companies are increasingly making commitments to reduce greenhouse gas (GHG) emissions. Targets to reach net zero or carbon neutrality are a subset of these. Investors and other stakeholders want to understand these commitments, and companies’ abilities to deliver against targets.
This FRC Lab report provides practical tips to help communicate what it means for the future.
In addition to the full report and example bank, a summary of the key findings is also available.
Click here to download the Lab Report, Example Bank and Summary:
Relevance to Auditors, Independent Reviewers & Accountants:
- As an auditor, independent reviewer and accountant, you need to consider publications by relevant professional bodies – international as well as national.
- Your clients that are setting net zero disclosures, should take the contents of this lab report into account.
Relevance to Your clients:
- An entity (company or close corporation) has a duty to communicate relevant information to the users of the financial statements (especially investors).
- The full report is designed to be of use to reporting teams as they prepare disclosures on net zero and other GHG emission reduction commitments. Each section of the report explores investor needs.
To stay current with all the latest changes and updates subscribe to our Monthly Compliance and Legislative Update series for R 250.00 per month. This gives you access to a monthly 2-hour webinar and monthly newsletter:
https://accountingacademy.co.za/profession/monthly-legislation-update
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https://cpd.accountingacademy.co.za.
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