Some 30,000 firms could be required to report their annual greenhouse gas emissions under plans published by the environment department (DEFRA) in May.1
The Climate Change Act 2008 requires the government to consider introducing mandatory carbon reporting. By 6 April 2012, the government must develop regulations for carbon reporting or explain to Parliament why it has not done so.
DEFRA’s consultation proposes three options for the scope of mandatory reporting. One will require all firms on the London Stock Exchange to report. This would catch 1,100 firms, but not those that are privately owned.