A new amendment added to the UK’s Climate Change Bill will make it mandatory for companies whose stock is listed on the stock exchange to include carbon emission information in their annual business report, The Independent reports. These
Lord Rooker, the environment minister, bowed to pressure from a coalition of backbench MPs and non-governmental organizations - among them Christian Aid and the WWF - to include the amendment at the end of the third reading in the House of Lords.
Alan Duncan, Conservative spokesman for business, enterprise and regulatory reform, said that while the idea of emissions reporting sounds good, no standard auditing process has been established. It’s impossible to expect businesses to comply - particularly smaller businesses that are already overwhelmed by heaps of red tape,” Duncan said.
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