UK uses cookies to make the site simpler. Find out more about cookies. The UK is the first country to make it compulsory for companies to include emissions data for their entire organisation in their annual reports.

The introduction of the reports, following consultations with leading businesses, will enable investors to see which companies are effectively managing the hidden long-term costs of greenhouse gas emissions. The majority of businesses responding to the consultation support the change and government plans are also backed by leading employer and environmental organisations including the CBI and the Aldersgate Group.

The new regulations will be introduced from April They will be reviewed in , before ministers decide whether to extend the approach to all large companies from Greenhouse gases, such as carbon dioxide, nitrous oxide and methane are causing climate change leading to global temperature increases, sea level rises and dangerous changes to patterns of drought and flooding.

Reporting is the first vital step for companies to make reductions in these dangerous emissions. It is estimated it will save four million tonnes of CO2 emissions by It saves companies money on energy bills, improves their reputation with customers and helps them manage their long-term costs too.

Response from Paul Seakens, Director of Carbon Neutral Investments and Enviro Associates | REDD-Monitor

The UK is leading the urgent action needed at home and abroad. What they have asked for is a level playing field so that they can be fairly judged against one another, and we have delivered that today.

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It saves money for businesses whilst cutting carbon to help us meet our climate targets. The introduction of mandatory reporting will build on the regulatory framework established by the CRC Energy Efficiency Scheme for the largest energy users.

This is an area where corporate executives have been demanding more regulation from government to provide greater clarity and transparency. Over three quarters of UK adults expect that businesses should be required to report their emissions, as demonstrated by a Populus poll that we published last month.

The decision follows the consideration of extensive evidence and the detailed analysis of consultation responses to gain the views of businesses and individuals, the majority of which opted for a mandatory reporting approach.

Further information on greenhouse gas reporting can be found at http: All content is available under the Open Government Licence v3. Skip to main content.

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Menu Departments Worldwide How government works Get involved Policies Publications Consultations Statistics Announcements. Press release Leading businesses to disclose greenhouse gas emissions. Greenhouse gas emissions Published: This was published under the to Conservative and Liberal Democrat coalition government.

Deputy Prime Minister, Nick Clegg said: Businesses said a compulsory approach would: Provide the first step in enabling companies to manage and reduce emissions; Mean more transparency from companies; Provide a single consistent standard; and Provide information to the business that could save them money through reduced energy costs.

Notes Further information on greenhouse gas reporting can be found at http: Share this page Share on Facebook Share on Twitter.

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