20 Jun '12, 7pm

U.K. to mandate CO2 reporting for largest corporations

U.K. to mandate CO2 reporting for largest corporations

The U.K. government today confirmed that it will introduce mandatory carbon reporting rules requiring around 1,800 of the country's largest listed companies to report annually on their greenhouse gas emissions. In The Guardian , deputy prime minister Nick Clegg, who will tomorrow represent the U.K. at the Rio +20 Earth Summit in Brazil, wrote that long-awaited emission reporting rules would come into effect next April. "Using resources responsibly is in business's own interests too," he wrote. "Pepsi depends on water, Unilever depends on fish stocks and agricultural land, and every firm relies on a stable fuel supply. But while nine out of 10 chief executives say sustainability is fundamental to their success, only two out of 10 record the resources they consume. "So the U.K. will press for governments to come together, working with those companies already blazing a trail,...

Full article: http://www.greenbiz.com/blog/2012/06/20/uk-require-mandat...

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