Gather Around – Issue 28 – December 2021

19 January 2022

The regulatory landscape is complex and evolving. Every month we bring you the latest developments in regulation and ‘best practice’ in corporate governance and reporting.

In December, the FRC announced its areas of focus for the 2022/23 season, including priority sectors – unsurprisingly, those sectors most impacted by the pandemic (ie travel, hospitality and leisure, and retail) and climate change (ie construction and utilities) – and six upcoming thematic reviews. The FRC has also published a report on the importance of creating a positive company culture, noting the significant impact that the pandemic and the increased focus on ESG and sustainability matters has had on the way businesses must operate and behave.

In other news, EY published its 2021 Corporate Reporting Survey, while CDP announced the top of the class in environmental disclosures with its 2021 ‘A List’.

For this month’s best practice showcase, We take a look at United Utilities 2021 annual report, included as a case study in the aforementioned FRC report on company culture.

Please get in touch with Will Davenport at if you are interested in receiving a copy of the newsletter.