Template:Carbon Reporting

From Lauraibm

Full story: Business Leaders Call for Rules on Carbon Reporting

A coalition of leading UK businesses, environmental charities and MPs known as The Aldersgate Group is calling for standardised rules on carbon emissions that all firms should follow. At present the information reported is not comparable due to different calculation methods. This undermines the competitive advantage that should accrue to companies with good carbon reporting and control.

The report of the Carbon Disclosure Project found that while 95% of FT500 companies had implemented emissions reductions programmes, less than half of FTSE350 were publishing carbon emissions data.

Previous attempts to encourage companies to report on their environmental impacts were killed off by the government in 2006 when the then-Chancellor Gordon Brown scrapped plans for Operating and Financial Review legislation that would have forced them to report annually on non-financial impacts to their business.