Legislation
Mandatory reporting 1/4
Future-proofing
business
Through the experience gained from
the Carbon Reduction Commitment
(CRC), there has been an air of selfassurance amongst businesses
affected by next month's mandatory
carbon reporting regulation. Although
businesses are confident that their
reporting mechanisms will meet these
requirements, they could be missing an
opportunity to safe-guard operations
against the risks posed by climate
change. Leigh Stringer investigates
The introduction of mandatory carbon
reporting next month appears to have
caused little concern among those companies affected – all those listed on the
Main London Stock Exchange. In fact,
the move has been broadly welcomed by
business as a sensible step towards a low
carbon economy. Plus, in a survey carried
out by the Carbon Disclosure Project
(CDP) and PricewaterhouseCoopers
(PwC) in October last year, more than
90% of FTSE 350 respondents said they
already reported on Scope 1 and 2 emissions to the CDP in any case.
Far more fuss has been made of the
