6.10 Sustainability, climate and risk pages: a misspelt material topic, a grammatical slip, a copied heading and missing spaces
UK Company B · a UK-listed technology and logistics group · Drafting slip
In brief
Several drafting slips appear in the Sustainability Report, the climate-related financial disclosures and the principal-risk tables. None changes a figure, but one heading in the climate risk table describes the wrong subject. The 2024 report has slips of the same kind on its sustainability, risk and TCFD pages (both years).
The evidence, as filed
Further pages withheld to protect the company’s identity (13): Annual Report 2024, page 45; Annual Report 2024, page 52; Annual Report 2025, page 68; Annual Report 2024, page 56; Annual Report 2025, page 80; Annual Report 2024, page 61; Annual Report 2025, page 78; Annual Report 2024, page 69; Annual Report 2025, page 79; Annual Report 2024, page 70; Annual Report 2025, page 91; Annual Report 2024, page 82; Annual Report 2024, page 85. Their wording or layout could lead back to the company even with names and figures masked; the evidence list below records what each page shows.
Names, figures, dates, logos and any wording that could be searched back to the company are boxed out in grey; the point is highlighted in yellow.
What the report shows, and what the rule requires
| What the annual report shows | What the rule requires |
|---|---|
| What the annual report shows (1) Material topic printed as 'Climate change adaption' on pages 57 and 58; (2) 'to aligned to new guidance' on page 68; (3) in the climate risk table on page 80 the management strategy for the Net Zero Challenge risk is headed 'Energy supply diversification and efficiency', the heading used for the energy usage risk on page 78, although the bullets beneath it describe the Net Zero roadmap; (4) missing spaces in 'shift.Development' on page 79 and 'suppliers.We' on page 91. | What the rule requires (1) 'Climate change adaptation'; (2) 'to align with new guidance'; (3) a heading such as 'Net Zero roadmap and governance'; (4) 'shift. Development' and 'suppliers. We'. |
Why it matters
Presentation only; the copied heading could mislead a reader about how the Net Zero Challenge risk is managed.
Exposure
Drafting only.
Our workings
Each slip is printed as quoted in the evidence. The copied heading in item (3) matters most because a reader scanning the management-strategy column would take energy diversification as the response to the Net Zero Challenge risk.
Management’s best defence, and our reply
The company could say these are proof-reading slips with no effect on any figure, and that the bullets under the copied heading make the real content clear. That is right as to effect, which is why the slips are listed as drafting only; they should still be corrected in the next report.
The fix
- Correct the spelling and grammar, add the missing spaces and give the Net Zero Challenge management strategy its own heading.
Evidence relied on
| # | What it shows | Type | Where |
|---|---|---|---|
| 1 | Material topics key: 'adaption' for 'adaptation' | Document | Annual Report 2025, page 57 |
| 2 | Climate panel repeats the misspelling | Document | Annual Report 2025, page 58 |
| 3 | Grammatical slip: 'to aligned to' | Document | Annual Report 2025, page 68 |
| 4 | Net Zero Challenge risk: heading copied from the energy usage risk above Net Zero roadmap bullets | Document | Annual Report 2025, page 80 |
| 5 | The same heading where it belongs, under the energy usage risk | Document | Annual Report 2025, page 78 |
| 6 | Missing space after full stop | Document | Annual Report 2025, page 79 |
| 7 | Missing space after full stop | Document | Annual Report 2025, page 91 |
| 8 | Should read '[wording masked].' | Document | Annual Report 2024, page 45 |
| 9 | Should read 'around the new Chair succession plans'. | Document | Annual Report 2024, page 45 |
| 10 | Misspelling: 'includeing' should read 'including'. | Document | Annual Report 2024, page 45 |
| 11 | The abbreviation lacks its brackets and quotation marks: '(“[facilities]”)'. | Document | Annual Report 2024, page 52 |
| 12 | A connecting word or comma is missing between the [name]. | Document | Annual Report 2024, page 56 |
| 13 | Should read 'to develop new technologies'. | Document | Annual Report 2024, page 61 |
| 14 | The bracket opened here is never closed. | Document | Annual Report 2024, page 69 |
| 15 | A single page is cited as 'pages'. | Document | Annual Report 2024, page 70 |
| 16 | The GHG Protocol category is 'Capital Goods'. | Document | Annual Report 2024, page 75 |
| 17 | 2024 report, Cybersecurity & data risk card, key risks: second bullet | Document | Annual Report 2024, page 82 |
| 18 | 2024 report, same list: the fifth bullet repeats 'Confidential information leakage' | Document | Annual Report 2024, page 82 |
| 19 | 2024 report, Geopolitical & macroeconomics risk card: 'carry our' should read 'carry out' | Document | Annual Report 2024, page 85 |
Prepared by Pramanex from the company’s published annual reports, without the company’s involvement, to show how an annual report review reads. The company is not named, and nothing on this page is a statement about any identifiable company. Observations are not an audit, review or other assurance engagement, and not legal advice. A regulator-style question is a question, not a conclusion.
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