Explainers

On 25 June 2025, the UK’s climate advisory group, the Climate Change Committee (CCC) published its annual report to Parliament, 'Progress in reducing emissions,' in accordance with its mandate under the Climate Change Act 2008.

The government is actively developing strategies and policies which will impact business and investor decisions on the future of UK industry.* Major policies include the refreshed Industrial Decarbonisation Strategy (~Q4 2025/Q1 2026), Industrial Strategy (published June 2025), Strategic Spatial Energy Plan (~2026), Regional Energy Strategic Plans (~late 2027) Circular Economy Strategy (green paper expected Autumn 2025), Carbon Border Adjustment Mechanism (CBAM) (Start of 2027) and the continued development of the UK Emissions Trading Scheme (ETS), including the possible linkage with the EU ETS.

In 2023, Chapter Zero organised a series of two roundtables for Audit Committee Chairs and members in partnership with Accounting for Sustainability (A4S) to explore forward planning, effective communication, and an understanding of emerging requirements for Audit Committees to drive climate action on boards.  With expert input from A4S, the first session focused on external reporting requirements and internal audit and assurance controls. These are two key topics that continue to evolve and are critical for Audit Committees to keep ahead of, and you can find the key session takeaways below.

Chapter Zero recently organised a series of two roundtables for Audit Committee Chairs and members in partnership with Accounting for Sustainability (A4S) to explore forward planning, effective communication, and an understanding of emerging requirements for Audit Committees to drive climate action on boards.  With expert input from A4S, the second session focused on transition planning and the changing sustainability reporting landscape. These are two topics that are critical for Audit Committees to keep ahead of, and you can find the key takeaways from the second session below.

Chapter Zero recently organised a series of two roundtables for Audit Committee Chairs and members in partnership with Accounting for Sustainability (A4S) to explore forward planning, effective communication, and an understanding of emerging requirements for Audit Committees to drive climate action on boards.  With expert input from A4S, the second session focused on transition planning and the changing sustainability reporting landscape. These are two topics that are critical for Audit Committees to keep ahead of, and you can find the key takeaways from the second session below.

Read Deloitte's Financing the UK energy transition blog from March 2025, which uses an investor survey to decipher what is required for companies to hit their decarbonisation targets and reach the next step in their energy transition journey.

This deep dive explores the key elements of the UK's NDC and the Seventh Carbon Budget to enable non-executive directors to assess their impacts on ongoing business planning and strategy.