The Committee is examining how environmental reporting would improve corporate and organisational efficiency and whether a standardised form of reporting is appropriate for best practice. Members of the committee are keen that any recommendations they put forward will ensure that environmental reports are credible and are prepared to consistent and comparable standards.
ACCA technical director, Roger Adams, commented: “We support the introduction of a limited core set of environmental disclosures at the larger company level – we believe that this should be done through the vehicle of the Company Law Review process. Any requirements should be limited in extent so that reports can maintain an appropriate level of flexibility while meeting the criterion established by statute.”