Mandatory Carbon Reporting
From financial year beginning April 2013
Since 1 October 2013 the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 has required all UK quoted companies to report on their greenhouse gas emissions as part of their annual Directors’ Report. That requirement affects all UK incorporated companies listed on the main market of the London Stock Exchange or an European Economic Area market or whose shares are dealing on the New York Stock Exchange or NASDAQ.
Advice for those companies required to report, as well as those for which it remains voluntary, is included in the environmental reporting guidance.
The government encourages all other companies to report similarly, although this remains voluntary. A guide for small businesses on how to measure and report greenhouse gas emissions is also available.