UK watchdog to probe companies on climate change

The UK's accounting watchdog has launched a major review into whether companies and their auditors are adequately reflecting the financial risks of the climate crisis in their accounts. The Financial Reporting Council (FRC) will monitor how companies and their advisers fulfil their responsibilities, and seek to encourage better practice. The government introduced rules last year that force companies to report their energy use and greenhouse gas emissions.  Laws are also in place that instruct businesses to report on how their company is impacting on the community and the environment. ...