1,800 British firms to report greenhouse-gas emissions

Jun 20, 2012
All 1,800 firms listed on the London Stock Exchange's Main Market will be required to list their greenhouse-gas emissions from next April, British Deputy Prime Minister Nick Clegg said at the Rio+20 summit.

All 1,800 firms listed on the London Stock Exchange's Main Market will be required to list their greenhouse-gas emissions from next April, British Deputy Prime Minister Nick Clegg said at the Rio+20 summit on Wednesday.

The move means that Britain will become the first country to make it compulsory for companies to include for their entire organizations in their annual reports.

At a side event at the UN Conference on Sustainable Development, Clegg said that the reporting would help corporations and investors identify potential areas of savings that can be made through energy efficiency.

"Counting your business costs while hiding your is a false economy," he was quoted as saying in a statement issued by Britain's environment department.

"British companies need to reduce their for the benefit of the planet, but many back our plans because being energy-efficient makes good business sense, too.

"It saves companies money on energy bills, improves their reputation with customers and helps them manage their long-term costs, too."

The regulations have been under discussion between government and business for months.

They will be introduced from the start of the next financial year in April and be reviewed in 2015, pending a decision whether the requirement should be extended to all large companies from 2016.

Explore further: Can we create an energy efficient Internet?

add to favorites email to friend print save as pdf

Related Stories

Britain eyes 50-percent carbon emissions cut target

May 17, 2011

Britain on Tuesday unveiled plans to cut its carbon emissions by 50 percent from 1990 levels by 2025, saying the proposal marked a significant step forward in its efforts to fight climate change.

Dutch, Nordic bourses best on sustainability: report

Jun 18, 2012

Dutch, Danish and Finnish stock exchanges performed best in sustainability disclosures, according a report by the British asset management company Aviva Investors released at the Rio+20 conference Monday.

Canada's new government to ban inefficient light bulbs

Apr 25, 2007

The Honourable Gary Lunn, Minister of Natural Resources, joined by the Honourable John Baird, Minister of the Environment, announced today that Canada’s New Government is taking another important step to protect the environment ...

Companies' stock value can be hurt by greenhouse emissions

Jan 25, 2011

How much greenhouse gas a company produces has a significant effect on the value of the company's stock, according to a new study by researchers at the University of California, Davis; University of California, Berkeley; ...

Recommended for you

Audi to develop Tesla Model S all-electric rival

1 hour ago

The Tesla Model S has a rival. Audi is to develop all-electric family car. This is to be a family car that will offer an all-electric range of 280 miles (450 kilometers), according to Auto Express, which ...

A green data center with an autonomous power supply

6 hours ago

A new data center in the United States is generating electricity for its servers entirely from renewable sources, converting biogas from a sewage treatment plant into electricity and water. Siemens implemented ...

Can we create an energy efficient Internet?

7 hours ago

With the number of Internet connected devices rapidly increasing, researchers from Melbourne are starting a new research program to reduce energy consumption of such devices.

Shedding light on solar power

Nov 27, 2014

Everyone wants to save energy, but not everyone knows where to start. Grid Resources, a startup based out of the Centre for Urban Energy's iCUE incubator, is developing a new website that seeks to help homeowners ...

Energy transition project moves into its second phase

Nov 27, 2014

Siemens is studying new concepts for optimizing the cost-effectiveness and technical performance of energy systems with distributed and fluctuating electricity production. The associated IRENE research project ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.