Measuring emissions is an important first step to managing them, giving companies an understanding of their where their main emissions are. Emissions reporting can act as an import communications tool within companies, helping to gain senior management and Board support for emissions management. Companies also report benefits in terms of reputation and brand value.
In November 2010, as part of its obligations under the Climate Change Act (2008), Defra published a report considering the impact of company reporting of GHG emission.
This report includes some specially commissioned research on the contribution that reporting makes to emission reductions and the associated costs and benefits. This report will help inform the government’s decision on whether to make regulations requiring business to report their GHG emissions. An announcement on how the government intends to proceed will be made in spring 2011.