ACCA says sustainability reporting can boost growth in UK and China

The ACCA report argues that faster, higher-quality adoption of sustainability reporting and assurance frameworks in the UK and China could boost economic growth and facilitate trade and investment flows between the two markets. By urging regulators to set realistic expectations, provide clearer guidance, adopt phased timelines and promote digital tools, the report aims to reduce compliance cost and uncertainty for companies and assurance providers. Improved reporting and supervised assurance could strengthen investor confidence and capital allocation, potentially supporting UK equity performance. While no quantitative impact is provided, the ACCA’s recommendations — and both countries’ alignment with ISSB/IAASB standards — signal policy and regulatory moves that could be net-positive for the UK 100 over time.