25 Jun '12, 9am

5 Reasons Why the U.K.’s New Mandatory Carbon Reporting Can Be a Game Changer

5 Reasons Why the U.K.’s New Mandatory Carbon Reporting Can Be a Game Changer

The UK was responsible for one of the only few groundbreaking commitments that were made by governments at Rio+20. UK Deputy Prime Minister Nick Clegg announced that as of April 2013, all companies listed on the main London Stock Exchange (LSE) will be required to report their greenhouse gas emissions. “Counting your business costs while hiding your greenhouse gas emissions is a false economy,” Clegg said . The directive will apply to about 1,600 listed companies and might be extended to all large companies in the UK after it is reviewed in 2015. First of its kind, the new reporting requirement is representing everything we hoped to see in Rio – straightforward policy with a clear timetable and vision that levels the playing field for companies. Together with the decision to make shareholders votes on executive-pay structures binding , it puts the UK in the forefront of su...

Full article: http://www.triplepundit.com/2012/06/5-reasons-uks-new-man...

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