25 January 2024: UK Sustainability Disclosures Policy and Implementation Committee (PIC) 바카라 사이트� summary minutes
Updated 9 January 2025
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UK Sustainability Disclosures Policy and Implementation Committee (PIC)
Summary minutes of the fifth session of the PIC on 25 January 2024.
For more information on the remit and responsibilities of the Policy and Implementation Committee, see our Framework for developing UK Sustainability Reporting Standards, which is referred to as the 바카라 사이트楩ramework Document바카라 사이트� in these minutes. Also in these minutes, 바카라 사이트楥ommittee바카라 사이트� refers to the PIC. 바카라 사이트楾he Secretariat바카라 사이트� refers to the PIC Secretariat, provided by DBT.
1. PIC and Technical Advisory Committee (TAC) updates聽聽聽聽聽聽聽聽聽
The Secretariat noted that DBT is exploring the format and mechanism for the publication of UK Sustainability Reporting Standards (UK SRS).
The Secretariat also provided an update on recruitment for the TAC Chair.
The Secretariat and the Committee will continue to consider the links between any UK SRS and the Environmental Reporting Guidance, as published by the Department for Energy Security and Net Zero (DESNZ), and other reporting guidance.
2. Financial Conduct Authority (FCA ) update on plans and timing聽聽聽聽聽聽聽
The FCA provided an update on the prospective timings for future policy work on the International Sustainability Standards Board (ISSB) standards in the context of disclosure rules for UK-listed companies, and dependencies with the work of the Committee.
3. PIC endorsement workstream updates聽聽聽聽聽聽
Committee members who are endorsement workstream leads confirmed the planned dates for providing updates to the Committee regarding their workstreams.
The Secretariat will continue to work with the workstream leads to support their progress and will arrange focused meetings when required.
4. 聽AOB, actions and next steps聽聽
The Committee discussed the working relationship between the Committee and the TAC, and the steps for initiating and providing information on the matters the PIC membership would like the TAC to consider, to inform the TAC바카라 사이트檚 assessment of ISSB standards.