The Government has announced that "no decision" has been made on regulations to introduce mandatory carbon reporting. The decision to delay effectively means that the Government has met the name but not the intention of the requirements in the Climate Change Act that were introduced four years ago, following a campaign by the Aldersgate Group (AG).
Peter Young, Chairman of the AG, said: “Business has been patiently waiting for a clear signal to level the playing field on carbon reporting. Voluntary systems have run out of road and the UK risks losing its lead in carbon reporting, accounting and reduction. This failure to act now undermines business’ call for much greater transparency and consistency from Government.”
“As Ministers seek to reach an informed decision, urgency is paramount. Businesses cannot be left in the dark for months on end. There is great pressure to introduce mandatory carbon reporting as soon and widely as practical.”
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