CIWM would like to use cookies to store information on your computer, to improve our website. One of the cookies we use is essential for parts of the site to operate and has already been set. You may delete and block all cookies from this site, but parts of the site will not work. To find out more about the cookies we use and how to delete them, see our CIWM Privacy Policy.

CIWM
You are here: CIWM  >  Publications  >  Latest News  >  Nick Clegg Supports Aldersgate Groups Call For All Large Companies To Report Carbon Emissions

Nick Clegg Supports Aldersgate Groups Call For All Large Companies To Report Carbon Emissions

12 May 2011

The Aldersgate Group, an alliance of leaders from business, politics and society, has urged the Government to introduce regulations for all large companies to report their greenhouse gas emissions

The move coincides with a consultation, published today, that sets out a range of options for carbon reporting. Defra launched the consultation on measuring and reporting GHG emissions by UK companies, setting out a range of options for mandatory carbon reporting (for more info CLICK HERE).

In opposition, the Conservative Party committed to "enhance by secondary legislation the powers of the Secretary of State and to bring forward the date that the largest companies are required to report on carbon emissions".

Deputy Prime Minister Nick Clegg, alongside over 50 MPs, signed an Aldersgate Group letter in support for mandatory carbon reporting.

According to Aldersgate, mandatory carbon reporting would help companies identify cost savings through greater resource efficiency and more effectively address material climate risks and opportunities.

It would also create a level playing field, allowing investors and consumers to make meaningful comparisons, thus driving further emission reductions. The administrative costs would be minimal for those who report anyway and help those who don't to identify significant bottom line savings.

Peter Young, Chairman of the Aldersgate Group, said: "For any company, it is clear that what gets measured, gets managed. That is why mandatory carbon reporting has the support of mainstream business in the UK who demand a more consistent and transparent reporting framework. "Both the Conservatives and Liberal Democrats pushed for mandatory carbon reporting in opposition and it is vital that they hold their resolve."

Young Added: "What gets measured, gets managed. That is why mandatory carbon reporting has the support of mainstream business in the UK who demand a more consistent and transparent reporting framework."

"Crunch Time for Carbon Reporting"

To coincide with the consultation, the Aldersgate Group (AG) and All Party Parliamentary Climate Change Group (APPCCG) are co-hosting "Crunch Time for Carbon Reporting", to debate the key issues and implications for UK business. What size of company should have to report their emissions? How can the requirements be consistent with current regulatory requirements? What will be the costs and benefits for UK businesses?

The debate will take place on 7th June (8.30am - 10.30am) in Portcullis House, Westminster.

Speakers are:

• Mike Anderson, Director General, Department of Environment, Food and Rural Affairs (Defra)

• Emma Howard Boyd, Director, Jupiter Asset Management

• Richard Tarboton, Director of Energy & Carbon, BT

• Colin Baines, Campaigns Adviser, The Co-operative Group

• Andrew Raingold, Executive Director, Aldersgate Group

• Parliamentary of the APPCCG (Chair)

For more information visit www.aldersgategroup.org.uk

Darrel Moore