At the end of last month BEIS published non-binding guidance for large companies and LLPs on the obligation to make climate-related financial disclosures in their annual accounts. In-scope entities will have to prepare for the new obligations and ensure that their governance structure and financial planning and reporting processes are fit for purpose.
The impact of the COVID-19 pandemic continues to be felt across the global business community.
Interview: Exploring Travers Smith's CSR Art Programme with its CSR and Diversity Director (Chris Edwards)
Travelling. Seamlessly. podcast series
Sanctions Update: Further measures taken by UK, EU and US in response to Russia's invasion of Ukraine
The Environmental Protection Act 1990 was a landmark piece of legislation for the real estate sector, establishing legal responsibility for contamination and pollution control for land, air and water, and also regulating waste disposal and statutory nuisances. Our understanding of the threat posed by contamination and climate change has increased significantly in the thirty years that followed, and the long-awaited new Environment Act was finally put onto the statute books in 2021. When it is fully operational, what might the new legislation mean for the UK's real estate industry?