TCFD legislation in force this week

The BVRLA would like to remind members that the TCFD (Task Force on Climate-Related Financial Disclosures) reporting requirements legislation comes into force this week on 6 April 2022.

This legislation means any BVRLA members with more than 500 employees and an annual turnover of more than £500m will need to start disclosing climate-related financial statements as part of their annual strategic report. 

TCFD guidance from the Government’s publishing service: Mandatory climate-related financial disclosures by publicly quoted companies, large private companies, and LLPs.

If members need further assistance or have any concerns, contact [email protected].

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