DATES FOR THE
FM DIARY
05 FEBRUARY 2019
Workplace Futures 2019
The Crystal, London
www.workplace-futures.co.uk
05-06 MARCH 2019
FM Ireland
RDS, Dublin, Ireland
www.fmireland.com
05-07 MARCH 2019
Futurebuild
ExCeL, London
www.futurebuild.co.uk
19-21 MARCH 2019
The Cleaning Show 2019
ExCeL, London
www.cleaningshow.co.uk
20-22 MARCH 2019
World Workplace Europe
Kromhouthal, Amsterdam
www.worldworkplaceeurope.ifma.org
01-02 APRIL 2019
Total Security Summit
Radisson Blu Hotel, London Stansted
www.totalsecuritysummit.co.uk
24 APRIL 2019
IWFM Conference
etc. venues St Pauls, London
www.iwfmconference.org
18-20 JUNE 2019
Facilities Show 2019
ExCeL, London
www.facilitiesshow.com
01-02 JULY 2019
Facilities Management Forum
Hilton Deansgate, Manchester
www.facilitiesmanagementforum.co.uk
11-12 SEPTEMBER 2019
RWM Exhibition
NEC, Birmingham
www.rwmexhibition.com
08-10 NOVEMBER 2019
UK Construction Week 2019
NEC, Birmingham
www.ukconstructionweek.com/
FEBRUARY 2019 7
FRC provides
update on Carillion
investigation
UK audit watchdog, the Financial
Reporting Council (FRC) has
provided an update into its
investigation of the collapse of
Carillion last January.
The FRC is investigating KPMG’s
audits of Carillion (2014-2017) and
the conduct of two former FD’s,
Richard Adam and Zafar Khan.
In the announcement, the FCR
revealed in November 2018 it had
opened a further investigation
relating to the provision of
materials to the FRC by the Big
1our accountancy fi rm, 6PMG, in
connection with the FRC’s Audit
Quality Review into aspects of the
audit of Carillion for the year end
2016. The FCR stated its decision
to open this investigation followed
“matters self reported” by KPMG.
A KPMG spokesperson said:
“Over the past year, we have been
performing a thorough review of
the fi rm’s audit of Carillion. Our
investigation included the audit
team’s response to the FRC’s AQR
undertaken during 2017, which
looked at aspects of the 2016 audit.
ɭConcerns were identifi ed in
connection with a small number of
documents provided to the FRC’s
team during the routine AQR. On
discovery of this information, we
immediately reported our fi ndings
to the FRC.”
The FRC stated it “continues to
progress its original investigations
in relation to the collapse of
Carillion in conjunction with other
regulators.” The update follows
KPMG’s suspension of partner Peter
Meehan, who signed off Carillion’s
last full set of accounts, along with
three members of his team.
UK FIRMS SET TO DISCLOSE
CLIMATE CHANGE OPPORTUNITIES
AND RISKS IN 2019 REPORTS
Two-thirds (67 per cent) of UK corporates will be
disclosing climate-related risks and opportunities
in their 2019 annual reporting, according to new figures
released by the Carbon Trust. However, fewer than a
quarter (23 per cent) of companies are expecting to fully
report in line with the recommendations of the G20
Financial Stability Board’s Task Force on Climate-related
Financial Disclosures (TCFD), released in June 2017.
The survey was conducted by Ipsos MORI as part of its
annual Captains of Industry research study, based on
interviews with 100 board members from the UK’s top 500
companies. The release of these findings comes just a er the
World Economic Forum highlighted extreme weather events
and the failure of climate change mitigation and adaptation
as the top risk faced by the world in 2019. Looking across
a time frame of the next three years, the most commonly
expected advantage from climate change disclosure in
line with the TCFD recommendations is reputational, with
seven in 10 (72 per cent) believing that this reporting would
increase brand value.
At an aggregate level, one third (31 per cent) of respondents
see financial benefits, which is composed of improved access
to capital (12 per cent), lower cost of capital (10 per cent), and
strengthened credit rating (9 per cent).
Other perceived benefits include reduced shareholder
pressure or activism (37 per cent), as well as attracting an
increased diversity of investors (29 per cent). And one-fi h
(21 per cent) of business leaders think that improved climate
change reporting will directly result in an increased company
valuation.
Conversely, very few respondents foresee negative impacts
from revealing their climate change opportunities and risks.
Three-fi hs (59 per cent) do not identify a single disadvantage
that would occur for their company by providing disclosures
in line with the TCFD recommendations.
CANARY WHARF GROUP PARTNERS WITH HELPFUL TO
INTRODUCE PLASTIC RECYCLING REWARD APP
Canary Wharf Group has launched a new app in partnership with creators of the first plastic recycling
and rewarding app, HELPFUL, to encourage widespread re-use and recycling across its estate.
In an industry first, piloted by Canary Wharf Group, the app will help those visiting and working on the
Canary Wharf estate to correctly recycle their waste, make the switch to reusable products to avoid single-use
plastic and collect rewards in an e ort to drive behavioural change.
The customised app is a step forward in making it easier for the community to adopt new reuse and recycling
habits in an unparalleled scheme in the UK.
By downloading the HELPFUL app consumers will be able to scan their plastic waste and receive immediate
feedback from the app, telling them exactly where on the Estate they will be able to recycle or reuse the plastic
products. In return, they will receive a virtual reward “coin”, redeemable via QR codes on the recycling/reuse
points, which they can then spend at participating retailers on the Estate.
FMJ.CO.UK INDUSTRY INSIGHT
/www.workplace-futures.co.uk
/www.fmireland.com
/www.futurebuild.co.uk
/www.cleaningshow.co.uk
/www.worldworkplaceeurope.ifma.org
/www.totalsecuritysummit.co.uk
/www.iwfmconference.org
/www.facilitiesshow.com
/www.facilitiesmanagementforum.co.uk
/www.rwmexhibition.com
/