The U.K.’s corporate governance regulator wants to expand the range of non-financial reporting that companies should make so that “stakeholders as a whole” can gain a better understanding of the key information that underpins corporate strategy and decision making.
The Financial Reporting Council (FRC) also hopes that wider disclosure will help the public—as well as shareholders—understand what steps companies take to uphold ethical behaviour and how boards assess the business’ impact on the environment and human rights.
