Emissions Reporting Leads Big UK Companies’ ESG Data Revisions

Close to half of the 100 largest companies listed on the London stock exchange have had to revise their environmental, social, and governance reporting over the past year, according to a report by Deloitte.

Forty-six companies in the FTSE 100 index restated certain sustainability metrics, the Big Four accounting and consulting firm said in an analysis published Monday. The biggest problem area was greenhouse gas emissions reporting, especially disclosures of Scope 3 emissions caused indirectly by the company’s suppliers and other third parties.

Changes in the way that things like pollution were calculated accounted for 44% of the restatements, ...