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REPORTING OBLIGATION OF ENERGY AND CARBON BY ENGLAND ON BIG COMPANIES

REPORTING OBLIGATION OF ENERGY AND CARBON BY ENGLAND ON BIG COMPANIES28 September 2018 Friday 14:44

England imposes reporting obligation of energy and carbon on big companies with the new law they establish.

Starting from April, big companies should notify their energy expense, carbon-dioxide emissions and measurement of energy efficiency in their annual reports. In addition to that, England wants the companies and industries to raise their energy efficiency %20 minimum till 2030.

This legislative regulation involves publicly-traded companies. Non-publicly traded companies with the 36 Million Pound annual return, joint-stock companies with more than 18 Million Pound balance sheet size and limited liability companies with more than 250 employees are going to be responsible too.

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