The UK Sustainability Disclosure Standards (UK SRS)
Exciting news for sustainability in the UK! ๐
The ๐จ๐ ๐ฆ๐๐๐๐ฎ๐ถ๐ป๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ ๐๐ถ๐๐ฐ๐น๐ผ๐๐๐ฟ๐ฒ ๐ฆ๐๐ฎ๐ป๐ฑ๐ฎ๐ฟ๐ฑ๐ (๐จ๐ ๐ฆ๐ฅ๐ฆ) are set to come into effect in early 2025 with the adoption of ISSB's S1 & S2 standards, which aim to provide consistent and comparable sustainability-related financial information.
For industrial facility operators, these standards mean greater transparency and accountability. They will need to assess and report on their ESG impacts, risks, and opportunities, ensuring that sustainability is deeply integrated into their operations.
#DataCentres, in particular, will face a significant impact due to their high energy consumption. They will need to adopt more sustainable practices, such as using renewable energy sources, improving energy efficiency, and reducing their carbon footprint.
Moreover, the UK SRS aligns closely with the EU's Corporate Sustainability Reporting Directive (CSRD), which also mandates robust ESG disclosures. The CSRD requires companies to report on a wide range of environmental, social, and governance matters with a double materiality lens, emphasizing both the impacts of sustainability on the business and the business's impact on people and the planet.
Let's embrace this new era of corporate transparency and accountability to build a greener future! ๐
Check out our knowledge hub for insights relating to data centre sustainability. https://lnkd.in/dnPDrPWc
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