Report: Mandatory Greenhouse Gas Reporting

Under Government regulations that will shortly come in to force, all UK quoted companies will have to report their global greenhouse gas (GHG) emissions in their Directors’ Report. This is expected to be extended to all large companies from 2015.

DOWNLOAD: download our guide to mandatory greenhouse gas reporting  

We can ensure that you have the robust and effective systems you need for accurate GHG reporting; help you manage your carbon strategy into the future, and support your long-term emissions reduction programmes.

To learn more about the finalised regulations, download our guide to mandatory greenhouse gas reporting or speak with one of our team. 

Key Features

Global emissions, not just in the UK:

All emissions sources owned, operated or controlled by the reporting company are included, not just those in the UK. This means reporting companies will have to consolidate their GHG emissions in the same way as their financial reporting. The current and prior year will both have to be reported on from the first year.

This will demand efficient data collection systems for gathering information from global operations.

All greenhouse gases, not just CO2:

The requirement is for all Kyoto Treaty greenhouse gases. These are carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs) and sulphur hexafluoride (SF6). Reporting is in CO2e – a standardised unit that translates the effect of different gases into an equivalent amount of CO2.

Extended reporting scope

The reporting requirements are for direct emissions (scope 1) from fuel use, and indirect emissions (scope 2) from purchased electricity, heating and cooling. These requirements also cover gases emitted from refrigeration, air conditioning and manufacturing processes. Their inclusion means the reporting goes a long way beyond that required by the UK's Carbon Reduction Commitment Scheme.

Operational intensity and methodology:

As well as reporting on overall emissions, companies will also have to report an intensity metric, such as emissions per thousand pounds of revenue.

There is no requirement to use a particular methodology to calculate emissions. However, the methodology used must be disclosed.

In force soon:

The start date for the regulations is expected to be for years ending on or after 1 October 2013. This means that companies need to think about collecting data and their methodology for calculating emissions immediately.

You need to get your reporting right

GHG will be included in the Annual Report and so will be subject to rigorous review, including from auditors.

Public scrutiny of performance:

Company stakeholders (investors, customers and regulators) will be able to compare you with others. This is an opportunity to outperform your peers and demonstrate good management.

The first year will be a baseline enabling performance over time to be tracked and compared between competitors and peers.

More legislation, higher costs & penalties:

Legislation and market pressures are moving towards higher costs and penalties for poor carbon and energy management. Addressing the issue robustly from the outset with the best available systems and reporting processes will mitigate risk and drive improved performance through carbon management.

How we can help

Get your carbon management and reporting strategy right and implement effective solutions that achieve lasting business benefit.

We can ensure that you have the robust and effective systems you need for accurate GHG reporting; help you manage your carbon strategy into the future, and support your long-term emissions reduction programmes.

Get your first report right

Data collection, analysis and reporting will be critical in the first reporting period. Working with you, we will ensure that the scope of your reporting is right for the organisation, select the right methodology and metrics for your operations and collect, validate and report data.

Our expertise in company carbon footprinting and project management means we can ensure that your first reporting period is correct, robust and sets a foundation for future performance.

Managing into the future

Ongoing reporting will need to be seamless, robust and responsive to changes in your organisation. The key to success will be best in class carbon monitoring systems, implemented in partnership with the best advisors. Optimum and Brite Green are perfectly placed to assist you in this process, implementing best available technologies and positioning your company to achieve long-term value from carbon management.

Delivering carbon and cost reductions: go beyond compliance

As sustainability strategy experts with global experience we are perfect partners to review and advise on a carbon strategy designed to drive forward your long-term global emissions reductions.

With a strategy in place and working in partnership with your global team, we will utilise our in-depth knowledge of innovative technologies to identify the most cost effective solutions across your organisation.

Effective implementation is key to the success of carbon reduction projects and our capabilities in this area are exceptional, with extensive technology project management expertise in complex organisations. We deliver enhanced value for our clients, ensuring that the right solutions are delivered in the right way to meet their long-term goals.