The U.K. government promised to introduce Sustainability Reporting Standards (U.K. SRS) in its manifesto. Almost a year after it came to power, it launched a consultation on June 25 on draft plans for these standards, which are largely based on those of the International Sustainability Standards Board (ISSB)

The government is also asking for views on greater regulatory oversight of third-party assurance services for sustainability-related financial disclosures. The public and industry can provide input to the consultations until Sept. 17. 

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Ruth Prickett graduated from Cambridge University with a BA hons in History and has specialized in business and finance journalism for the past 20 years. She was editor of Financial Management, the magazine...