TCFD reporting set to become mandatory for large private and AIM listed businesses

Luminous has updated our TCFD briefing guide as, subject to parliamentary approval, new mandatory requirements will come into force which will require all large AIM listed and private organisations to report against TCFD, expected to take effect in April 2022.

UK listed companies with reporting periods beginning on or after 1 January 2021 are already required by the Financial Conduct Authority (FCA) to adopt TCFD reporting in their annual report. Under the proposed new legislation, TCFD reporting will also apply to AIM-listed or unlisted UK companies that have more than 500 employees globally and/or a turnover of more than 500 million, from April 6. 

You can download our updated briefing guide for companies starting out on their TCFD reporting journey by completing the form below. With contributions from Berkeley Group, Britvic, Severn Trent, KPMG and the FRC's Financial Reporting Lab, the guide outlines:

  • what level of detail is initially required to comply
  • what new information is likely to be required
  • what 'good' looks like
  • summary recommendations
  • proposed next steps 

To download the whitepaper, please complete the form below.

Luminous has developed a TCFD audit to help companies prepare for full alignment with the TCFD framework. Please email Stephen Butler for more information. 

Please find below examples of how we supported our clients with their TCFD reporting.  


View Berkeley's Annual Report 

View Britvic's Annual Report 

View Severn Trent's Annual Report