Sustainability analysis and reporting firm Ecometrica says more than 8,000 businesses face carbon accounting for the first time
Edinburgh, 11 February 2020 - Sustainability accounting experts at Ecometrica are warning that thousands of companies could be caught out by new carbon reporting regulations.
More than 8,000 UK businesses face reporting on carbon emissions as part of their accounts for the first time at the end of their current financial year, and it is unclear how many have made suitable provision.
Gary Davis, CEO of Ecometrica, said listed companies face more onerous reporting requirements, while larger unquoted firms and LLPs would be reporting on emissions for the first time.
“All large unquoted, large LLPs, and quoted companies, as defined by the Companies Act 2006, will have to comply with the new energy and carbon reporting framework,”...