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This consultation seeks views on the UK government’s proposals for Streamlined Energy and Carbon Reporting within the Companies Act 2006 business reporting framework. We are keen to hear from businesses and others how this can best be designed.
This consultation is asking for views on:
- mandatory annual reporting and disclosure of energy and carbon information through Company Accounts
- who these requirements should apply to
- reporting of cost-effective energy efficiency opportunities, such as those identified through ESOS audits, and action taken on these
- complementary disclosures
- electronic reporting
Our impact assessment provides estimates of average annual energy savings, energy cost savings to companies and the change in overall annual administrative burdens on businesses. We are keen to receive additional evidence on costs and benefits to business of our proposals. We would also like to gather evidence on additional reporting policy features that might be added in the future.