There have been significant developments in the UK law and policy on environmental reporting and reporting on non-financial information.

The key aspects that companies should be aware of are:

The introduction of Greenhouse Gas (GHG) reporting requirements

The UK Government introduced mandatory reporting of Greenhouse (GHG) emissions for quoted companies under the Climate Change Act 2008 (CCA 2008 s 85).1. The new requirements were incorporated in the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 and came into force on 1st October 2013.

A review to include large companies will be made in 2015. The current Regulations are aimed at quoted companies.