The adoption of mandatory reporting
of greenhouse gas emissions is welcome but there are inherent reporting
challenges, says Sarah Perrin ACA
Deputy Prime Minister Nick Clegg enjoyed some positive limelight
in June, announcing at the Rio+20 Summit the UK government’s
plan to introduce mandatory reporting of greenhouse gas (GHG) emissions.
However, the use of differing terminology in various government information
sources at the time of the announcement has led to some confusion
about exactly how many companies might be affected – whether
just those with shares traded on the main market of the London Stock
Exchange (LSE), or debt issuers as well. It is also unclear whether
the small number of UK companies with shares listed elsewhere in Europe
or the US, but not in London, will be caught.
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