Almost half (46) of FTSE 100 companies made material prior-year adjustments (PYAs) to their climate and sustainability metrics for the second year running according to Deloitte UK. While the total number of companies making adjustments remained unchanged, analysis showed that six more companies made multiple adjustments this year, resulting in a total of 69 individual adjustments. The latest analysis looked at climate and sustainability disclosures in the most recently published annual and/or sustainability reports as of 31 December 2024. Notably, 25 (60%) of the entities that reported a PYA last…
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Donations from FTSE 100 companies to charities have not kept pace with profits over the past decade
New CAF research also suggests charities could be missing out on more than £5bn of donations from UK business community. Britain’s biggest listed companies donated £1.82 bn last year, slightly down on the previous year. GSK give the highest amount of FTSE 100 companies to charity, and Tesco donates the highest percentage of pre-tax profits. Only one in five UK companies intend to increase their giving next year. Charitable giving by Britain’s largest listed companies over the past ten years has not kept pace with profits, according to new research…
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