• Register
Return to: Home > News > Regulation > UK parliament passes mandatory greenhouse gas reporting

UK parliament passes mandatory greenhouse gas reporting

The UK parliament has passed amendments to the Companies Act 2006 that require all UK quoted companies to report greenhouse gas emissions in the Strategic or Directors' Report.

The Climate Disclosure Standards Board's (CDSB) Climate Change Reporting Framework accompanied the legislation as guidance for companies to help comply with the new greenhouse gas reporting requirement.

The CDSB said it strongly supports the legislation, but added that it felt some areas should be elaborated and strengthened when the Act is reviewed in 2015 - such as clearer alignment between UK and international requirement on non-financial reporting.

In order to help companies convert factors for greenhouse gas reporting, The UK Department for Environment Food & Rural Affairs (DEFRA) also released an online conversion tool.

Related Links

Department for Environment Food & Rural Affairs conversion tool

The Climate Disclosure Standards Board


Top Content

    Choosing the right location can have cast-iron benefits

    As Game of Thrones, one of the biggest television shows of all time, comes to an end, Joe Pickard looks at how tax incentives offered to television and film production companies help the wider economy.

    read more

    Primary financial statements: a game changer in reporting?

    International Accounting Standards Board chair Hans Hoogervorst delivered a speech at the Seminario International sobre NIIF y NIF, organised by the Consejo Mexicano de Normas de Información Financiera in Mexico. The Accountant presents the highlights.

    read more

    FASB readies standards for the netflix generation

    The US Financial Accounting Standards Board (FASB) has updated its accounting standard for entertainment, with a specific eye on keeping up to date with how episodic content, such as television programmes, is consumed in the modern world. Jonathan Minter reports.

    read more

    Brexit: why it takes two to tango

    Former TA editor Vincent Huck, now editor of Insurance Asset Risk, looks at why Brexit might unleash geopolitical intrigue in Europe’s accounting standard-setting scene – and why IFRS 17 will be an incredible source of opportunity for firms in the coming years.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.