• 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

    HONG KONG NATIONALS: UNDERSTANDING VISA AND TAX WHEN MOVING TO THE UK

    Over 2 million Hong Kongers learned recently that they may soon be offered a route to UK citizenship following China’s introduction at the end of June of its controversial Security Law in the territory.

    read more

    SASB IMPLEMENTATION SERIES: COMMUNICATING ESG TO MAINSTREAM INVESTORS

    As part of a series of webinars, the Sustainability Accounting Standards Board (SASB) took a closer look at how to communicate ESG initiatives and progress to mainstream investors

    read more

    REPORTING AND COMPLIANCE: WHY WE NEED A DATA REVOLUTION

    Commerce no longer adheres to national boundaries: the largest international organisations to the smallest businesses operate in a global market. However, rules for corporate reporting and compliance do adhere to borders, write IMA’s Jeff Thomson and Liv A Watson

    read more

    CORONAVIRUS TIMELINE: REACTIONS FROM THE ACCOUNTANCY PROFESSION

    As the Coronavirus (COVID-19) continues to spread across the world, the International Accounting Bulletin and The Accountant will be collating all the latest news and updates from the profession on the pandemic’s impact.

    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.