Mandatory carbon reporting announced for all large UK companies

All large companies will be required to report their carbon emissions and energy use from next April under a new framework announced by the UK government yesterday.

The proposals will apply to all unquoted organisations with at least 250 employees, or those that have an annual turnover greater than £36m and balance sheet total above £18m.

These firms will join all listed companies that have been mandated to report their carbon performance since 2013, with the new rules intended to help deliver an energy efficiency boost of 20% by 2030.

IEMA described the move as a “significant step forward” after working on the issue for almost a decade, and contributing extensive research to the initial carbon reporting consultation in 2012.

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Source: Transform