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Baroness Bowles of Berkhamsted to ask Her Majesty's Government, further to the Department for Business, Energy and Industrial Strategy research paper Stakeholder perceptions of non-financial reporting, published in October 2019, (1) why they commissioned PwC to undertake this research; (2) whether the tendering process took account of any financial interest PwC had in non-financial reporting systems relating to that company’s audit services; (3) why the paper does not specify (a) which stakeholders were involved in the research, and (b) how they were selected; (4) what assessment they have made of the relative benefits of UK-led non-financial reporting standards compared to international standards; and (5) what assessment they have made of the difficulty in reaching a consensus on common international standards for non-financial reporting of (a) human rights, and (b) climate change, impacts.  HL7270

Question HL7270: tabled on 24 July 2020 and due for answer by 7 August 2020

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Question text

To ask Her Majesty's Government further to the Department for Business, Energy and Industrial Strategy research paper Stakeholder perceptions of non-financial reporting, published in October 2019, (1) why they commissioned PwC to undertake this research; (2) whether the tendering process took account of any financial interest PwC had in non-financial reporting systems relating to that company’s audit services; (3) why the paper does not specify (a) which stakeholders were involved in the research, and (b) how they were selected; (4) what assessment they have made of the relative benefits of UK-led non-financial reporting standards compared to international standards; and (5) what assessment they have made of the difficulty in reaching a consensus on common international standards for non-financial reporting of (a) human rights, and (b) climate change, impacts.
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