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London Climate Action Week – the road to COP 26

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By Anne Adrain, Head of Sustainability & Reporting

16 November 2020

Main points:

  • This week marks London Climate Action Week 2020.
  • The aim is to bring together London’s climate professionals and communities to work towards solutions to the climate change crisis.
  • A series of events is planned to continue the momentum in lead up to COP 26 in 2021.

This article summarises some of the activities and events taking place during London Climate Action Week 2020 in the lead up to COP 26 in Glasgow

This week, 14-20 November 2020, marks London Climate Action Week during which a series of events will take place aimed at harnessing the power of London’s climate professionals and communities to work towards solutions to the climate change crisis.

With COP 26 originally scheduled for this week, and now delayed until 2021, the intention is to continue the momentum that has already gathered behind the climate change movement as part of the build up to the rescheduled COP 26 in November 2021.

The planned events fall into four themes:

  • Green, Fair and Resilient (GFR) Recovery.
  • Roadmap to COP 26/Glasgow.
  • Building a Sustainable, Net Zero London.
  • Whole of Society Climate Mobilisation.

We are all increasingly aware of the need to tackle the issue of climate as a matter of urgency. ICAS is also demonstrating our commitment to tackling climate change through our operations, our advocacy and influencing work and training.

In February of this year, ICAS, along with the CEOs of other global accounting bodies, issued a call to action to the accountancy profession to tackle the issue of climate change as a matter of urgency. In June 2020, ICAS and other leading professional bodies, the UK Government and the Green Finance Institute, signed up to the first Green Finance Education Charter.

The global standard-setting bodies are also becoming increasingly active in this space. The International Auditing and Assurance Standards Board (IAASB) recently issued guidance for auditors on the consideration of climate related risks in a financial statements’ audit. The Trustees of the International Financial Reporting Standards (IFRS) Foundation also issued a discussion paper in October proposing the establishment of a sustainability standards board who would be responsible for the development of sustainability reporting standards with an initial focus on climate change.

The ICAS article, Climate change reporting in annual reports, provides a useful introduction to some of the current climate change reporting requirements and developments. Details of the climate-related disclosures in a sample of FTSE 100 companies can also be found here.


You can find out more about London Climate Action Week and the events here:

Find out more

The University of Edinburgh Business School is also running a series of webinars entitled COP26Cast between 9 and 19 November 2020. Book your place:

Book your place

Accountants unite on issue of climate change

By Anne Adrain

25 February 2020

Climate change reporting in annual reports

By Alan Simpson CA

28 October 2020

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The mark and designation “CA” is a registered trade mark of The Institute of Chartered Accountants of Scotland (ICAS), and is available for use in the UK and EU only to members of ICAS. If you are not a member of ICAS, you should not use the “CA” mark and designation in the UK or EU in relation to accountancy, tax or insolvency services. The mark and designation “Chartered Accountant” is a registered trade mark of ICAS, the Institute of Chartered Accountants of England and Wales and Chartered Accountants Ireland. If you are not a member of one of these organisations, you should not use the “Chartered Accountant” mark and designation in the UK or EU in relation to these services. Further restrictions on the use of these marks also apply where you are a member.

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