The True & Fair Project has published a guide to support UK company directors who have decided that information relating to sustainability issues is necessary for their accounts to give a true and fair view.

‘Are your financial statements true and fair?’ underscores directors’ legal obligation to consider sustainability information when preparing financial statements, and offers practical steps to support compliance. It specifically addresses the challenges faced from climate change and of transitioning to a low carbon economy.

The initiative hosted by Social Value International, issued the publication to raise awareness among companies, investors and accountants about how to integrate sustainability into financial statements in order for them to give a true and fair view. It aims to highlight the importance of acknowledging and disclosing costs tied to resources such as carbon emissions, water usage and unpaid labour; costs often overlooked but ultimately borne by society.

Learn more here