LLPs (Financial Disclosure) Regulations: RPC Opinion
Regulatory Policy Committee opinion on BEIS' Limited Liability Partnerships (Climate-related Financial Disclosure) Regulations 2022
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皇冠体育appse regulations place requirements on the climate-related reporting of certain large UK businesses. 皇冠体育app intention is to improve the rate and quality of the reporting in the UK, to enable companies to identify better their own climate-related risks, as well as inform investors better, while also having the potential to enable these firms to contribute to the UK鈥檚 push towards Net Zero. Although small and micro businesses (SMBs) are not in scope of the regulations, the impact assessment (IA) identifies the likely number of SMBs on which the proposals will have an impact due to their status as subsidiaries within a larger business group; any impact on these will be through requirements placed upon their parent organisations.
皇冠体育app analysis in the IA builds upon evidence gathered through a combination of stakeholder engagement and consultation. 皇冠体育app RPC considers the IA to be green-rated; fit for purpose.