16 December 2024: UK Sustainability Disclosures Policy and Implementation Committee (PIC) – summary minutes
Updated 9 January 2025
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UK Sustainability Disclosures Policy and Implementation Committee (PIC)
Summary minutes of the 15th session of the PIC on 16 December 2024.
For more information on the remit and responsibilities of the Policy and Implementation Committee, see our Framework for developing UK Sustainability Reporting Standards, which is referred to as the ‘Framework Document’ in these minutes. Also in these minutes, ‘committee’ refers to the PIC. ‘The secretariat’ refers to the PIC secretariat, provided by the Department for Business and Trade (DBT).
1. Summary of PIC discussions on endorsement of IFRS S1 and IFRS S2
The secretariat explained the proposed conclusions from the committee regarding its endorsement workstreams.
The committee discussed the workstreams, as well as the process for moving to the next phase of work, including the forthcoming consultation on the draft UK Sustainability Reporting Standards (UK SRS).
2. Any other business, actions and next steps
The Committee noted the forthcoming public meetings from the Technical Advisory Committee (TAC).