Scope
UK companies/LLPs with >500 employees and either traded/banking/insurance status or >£500m turnover
UK · regulation
Climate-related Financial Disclosures (SI 2022/31)
Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 — CA 2006 ss.414CA/CB
In forceApplies 2022-04-06
Penalties
FRC/Conduct Committee review; director liability for misstatements
Last verified
2026-08-22
In plain language
What this law does
Mandatory TCFD-aligned climate disclosure in the Strategic Report — the eight s.414CB(2A)(a)–(h) disclosures spanning governance, risk management, scenario resilience, targets and KPIs, on a single-materiality basis.
Core obligations
Eight statutory disclosures: governance; risk identification/assessment/management; integration; principal risks & opportunities with time horizons; business-model impacts; scenario analysis; targets; KPIs
Dictionary
Terms defined in this law
- UK companies and LLPs with **>500 employees** AND either **>£500m turnover** (or, for listed, >£500m turnover threshold applies to traded companies, banking companies and insurers). Applies from accounting periods beginning on or after 6 April 2022.SI 2022/31
- Non-financial and sustainability information statementSI 2022/31
- Climate-related financial disclosureSI 2022/31
Claims
Claims connected to this source
Reviewed claim links will appear here.