Mandatory carbon reporting

DEFINITION: A UK policy which mandates ‘quoted companies’ (those that are UK incorporated and whose equity share capital is officially listed on the main market of the London Stock Exchange) to report their annual greenhouse gas emissions in their directors’ report. By measuring and reporting these emissions, manufacturers can begin to set targets and put in place carbon management initiatives to reduce emissions in the future.

See also: Carbon Reduction Commitment (CRC) Energy Efficiency Scheme

Related items

edie's next masterclass provides a deep dive into developing decarbonisation plans.

Sign up to edie's next online masterclass on net-zero implementation

The latest webinar in edie's series of masters content for developing net-zero businesses focuses on decarbonisation implementation on Wednesday, 29 April.

Alongside enshrined carbon targets, the campaigners want the Government to ensure that worker rights regarding wages and conditions are embedded into the bailout

Link airline coronavirus rescue package to climate targets, campaigners urge

Campaigning groups have called for any Government bailout of airline companies due to the impact of the coronavirus to include conditional links for worker rights, fair taxing systems and transparent action plans on climate change.

The Council continued its leadership in the city’s carbon reduction efforts by launching a new strategy to reduce its own emissions by 55% by 2025

Net-zero cities: Leeds's mission to be carbon neutral by 2030

edie's new mini-series exploring how local authorities are collaborating with businesses to actuate community-centred sustainability schemes on the road to net-zero emissions continues, this time exploring how Leeds plans to become a net-zero city by 2030.

O2 has been certified to the highest possible level of supply chain management to reduce greenhouse gas emissions by Carbon Trust

O2 gives suppliers offer to purchase renewables at reduced rates

Telecommunications giant O2 will extend a reduced rate that is using to purchase renewable energy to power its operations to suppliers in a bid progress against its recently announced net-zero emissions target.

The strategies build towards the bloc's net-zero target for 2050

Everything you need to know about the EU's new Circular Economy Action Plan and Industrial Strategy

The European Commission has today (11 March) unveiled its Circular Economy Action Plan, a sweeping set of commitments aimed at ensuring that circularity and resources efficiency acts as a "prerequisite for climate neutrality" in line with the European Green Deal and Industrial Strategy.

The built environment sector is regarded as one of the UK’s hardest-to-abate sectors, accounting for around 40% of national annual energy consumption and 33% of national annual emissions

Government urged (again) to revamp low-carbon homes plan

The Government has yet again been urged to reconsider proposed approaches to energy efficiency in housebuilding, after a coalition of councils urged Ministers to remove restrictions that would inhibit higher standards being set.

The strategy also commits to a year-on-year reduction of construction waste

Sir Robert McAlpine targets net-zero emissions by 2024

Building and civil engineering company Sir Robert McAlpine has announced a new public commitment to implement carbon reduction initiatives to reach net-zero emissions in the next five years.

Flights could account for around 25% of the UK’s emissions by 2050

Hubbub targets stag and hen dos to lower UK flying climate impacts

Environmental charity Hubbub has launched a new campaign to raise awareness of the impacts of flying, after research commissioned by the group found that almost half of all flights taken by men aged 20-45 and a third of flights from women in the same age group were for stag and hen dos.

Since 2005, Delta has reduced its absolute GHG footprint by 11% from 46 million metric tonnes to 41 million metric tonnes. Image Delta Air Lines

Delta Air Lines commits $1bn to become carbon neutral

US-based Delta Air Lines has committed $1bn over the next decade to mitigate emissions from its business to become carbon neutral, with the company pledging to minimise its reliance on the carbon offset market.

Khan's damning letter has been sent to the Secretaries for Housing and BEIS, as well as the London Minister and 10 Downing Street. Image: City Hall 

Government's plans for low-carbon homes are 'a step backwards' on climate, London Mayor warns

London Mayor Sadiq Khan has urged Ministers to improve plans for decarbonising the UK's built environment sector, claiming that the capital and other cities are already going further and faster in the face of the climate emergency.

Congratulations to all our deserved winners

Sustainability Leaders Awards 2020: Winners revealed at glittering ceremony in London

Barry Callebaut, Ikea, P&G and Toast Ale were among the big winners of edie's 2020 Sustainability Leaders Awards, announced at an awards ceremony in London on Wednesday evening (5 February).

Some businesses are now looking outside of their own operations to become 'carbon-negative' rather than 'net-zero'

Greenwashing 2.0? Defining what it means to be a 'net-zero' business

Net-zero emissions has been scientifically heralded as a necessity to reverse the worst impacts of climate change. But a flurry of recent business commitments to become 'carbon-negative' and 'resource-positive' raises a critical question: does achieving 'net-zero' actually constitute business leadership?

The local authority has also confirmed plans to bolster its existing £84m climate-related funding pot with an additional £1m of operational funding and £18m of capital investment

Net-zero cities: Oxford's mission to become carbon-neutral by 2030

edie's new mini-series exploring how local authorities are collaborating with businesses to actuate community-centred sustainability schemes on the road to net-zero emissions continues, this time with a look at how Oxford and its Citizens' Climate Assembly are aiming for net-zero by 2030.

Pictured: AstraZeneca's R&D hub in China 

Ambition Zero Carbon: AstraZeneca targets carbon-negativity by 2030

Pharmaceutical giant AstraZeneca has pledged to become carbon-negative across its entire value chain by 2030, with an interim ambition of reaching net-zero operational carbon emissions from operations by 2025.

Microsoft will launch a $1bn climate innovation fund, using its own capital, to help develop carbon reduction and removal technologies

'Neutral is not enough': Microsoft pledges to become carbon-negative by 2030

Tech giant Microsoft has today (16 January) unveiled a bold new plan to reduce its carbon impact to below net-zero by 2030, with an additional goal of removing carbon from the atmosphere that the company has emitted since it was founded in 1975.

First Minister Nicola Sturgeon at the unveiling of the buses

Electric buses to operate in Glasgow for first time in 60 years

Electric buses will run on a commercial route in Glasgow for the first time since the 1960s, after bus operator First Glasgow introduced two new vehicles to assist with the city's net-zero aspirations.

How many of the below will you take on this year?

20 New Year's resolutions for sustainability professionals in 2020 and beyond

A new decade is upon us, and as the window to reverse and alleviate the climate crisis shortens, new long-term targets can provide sustainability professionals with the motivation and drive to transform their organisations into forces of good.

The webinar will be available to watch on demand afterwards for those who registered

Available on demand: Energy efficiency 2.0 webinar for Net-Zero November

Shai Guness, compliance and CSR manager at Direct Line Group, spoke during an edie webinar, which will took place on Wednesday 20 November at 2pm (GMT) that outlined the role of energy efficiency in delivering net-zero.

National Grid has also pledged to spur the reduction of emissions that are outside of its direct control

National Grid commits to net-zero emissions target for 2050

The National Grid has announced a commitment to reduce its direct greenhouse gas emissions to net-zero by 2050, the same timeframe as the UK Government's legislative target.

The Midlands airport is one of the first to commit to net-zero

Birmingham Airport sets net-zero carbon target for 2033

Birmingham Airport has set a commitment to become a net-zero carbon airport by 2033, noting that it has a "big opportunity" to reduce emissions via onsite renewable generation and would also minimise the use of carbon offsets.

the WorldGBC, Landsec and Workspace are forming different but collective paths to net-zero

The collaborative push for net-zero emissions in the built environment

For Net-Zero November, edie sits down with a mainstay sustainability leader, a disruptive new firm and the organisation coordinating an entire sector to see how the built environment can collaboratively transition to a net-zero economy.

Williams believes the will of citizens is there to deliver a low-carbon economy in the US

Beyond Carbon: The $500m plan to create a low-carbon US, with or without Trump

EXCLUSIVE: President Donald Trump may have officially kickstarted the process to withdraw the US from the Paris Agreement, but there is a movement of cities, states and businesses that is driving the nation towards 100% clean energy, with or without support from the federal government.

Landsec needs to ensure that the reduction levels remain the same for the end of Q4

Landsec hits science-based targets 11 years early

Commercial real estate firm Landsec has met its verified science-based target 11 years ahead of schedule, with the company's latest quarterly energy data revealing that carbon intensity has fallen by 40%.

PMI workers at a factory in Bologna. Image: PMI

Philip Morris to make all its factories carbon neutral by 2030

Cigarette giant Philip Morris International (PMI) has announced its intention to make all of its factories carbon neutral by 2030, after its Klaipeda factory in Lithuania reached the status.

The masterclass will be available to watch on-demand afterwards for those who have registered

Now on demand: edie's masterclass on Streamlined Energy & Carbon Reporting for business

edie's 45-minutes masterclass, now on demand, saw experts from Inspired Energy outline how businesses can get to grips with the Streamlined Energy and Carbon Reporting (SECR) framework.

The deadline is today at 5pm

Last chance to enter: edie's Sustainability Leaders Award deadline today at 5pm

Sustainable businesses looking for the recognition they deserve have until 5pm today (FRIDAY 4 OCTOBER) to get their entries submitted to enter edie's 2020 Sustainability Leaders Awards.

Mission Possible: Achieving a net-zero carbon future for manufacturing

As the movement towards net-zero carbon takes hold across the commercial sector, this fresh insight report looks at how manufacturing companies are driving forward their own goals.

Mission Possible: Achieving net-zero carbon in Utilities

Following the UK's world-leading commitment to reach net- zero emissions by 2050, this insight report investigates how the utilities sector can radically reduce carbon whilst enabling and empowering its customers to do the same.

Almost 600 companies have committed to climate action through the SBTi, but the majority of these targets are aligned to 2C. Image: EN+ Group

Aluminium giant EN+ Group to develop net-zero strategy

Aluminium and hydropower giant EN+ Group has committed to develop emissions targets in line with a 1.5C trajectory within 24 months.

Exclusive: PwC to hit Mission Possible pledge target

Accountancy firm PwC has revealed to edie that it is only 1% off its Mission Possible target following extensive work on sustainable, healthy food options within its staff restaurant facilities.

(L-R) Landsec team, presenter Paul Toyne, sustainability
development expert and compere Michaela Strachan

Meet the Sustainability Leader: Landsec, The Built Environment

With entries now open for edie's Sustainability Leaders Awards 2020, this new feature series showcases the achievements of the 2019 winners and reveals their secrets to success. Up next: The winner of our Mission Possible: The Built Environment award, Landsec.

Iceland was criticised by Feedback for failing to stock any meat sourced through sustainable certification schemes

UK supermarkets accused of over-producing low-quality meat

Anti-hunger charity Feedback is calling for big-name UK supermarkets such as Iceland, Lidl and Asda to offer "less and better" meat, in order to minimise their climate impacts.

edie spoke to ITV's senior manager of Social Purpose Julia Giannini. Image: ITV

More than TV: Can ITV place climate change at the core of its business purpose?

EXCLUSIVE: Following 18 months of radical internal transformation, edie asks how media company ITV is ready to revitalise years of strong CSR work to make environmental stewardship, health and wellbeing and societal change the core purpose of its business model.

The guide showcases the real-life example of Northumbrian Water, which signed a long-term CPPA with Ørsted

edie launches business guide to Corporate Power Purchase Agreements

Organisations looking to understand the benefits of Corporate Power Purchase Agreements (CPPAs) for renewable energy now have access to a free 'edie Explains' guide which breaks down everything you need to know about them.

Almost 600 companies have committed to climate action through the SBTi

Business giants commit to delivering net-zero strategies

More than 20 companies, including Telefonica, Vodafone and Unilever, with a total market capitalisation of more than $1.2trn have committed to setting science-based targets aligned to 1.5C reductions and net-zero emissions for 2050.

The goals were announced in April, but have since been approved by the SBTi

Co-op to halve emissions with 1.5C science-based target

The Co-op has joined a select group of business leaders committed to aligning emissions reduction strategies with the highest ambition of the Paris Agreement, after pledging to halve its greenhouse gas emissions by 2025.

Burberry has already achieved carbon neutral status across the Americas region, EMEIA retail stores and its UK operations Image: Mparweo/Wikipedia

Burberry to reduce emissions by 95% through approved 1.5C science-based target

Luxury fashion giant Burberry has joined just a handful of companies in setting a science-based target aligned to the 1.5C trajectory of the Paris Agreement, after committing to reducing its operational emissions by 95% by 2022.

Best Buy will place a greater focus on the energy efficiency of its products through the ENERGY STAR programme. Image: Best Buy

Best Buy to slash customer emissions by 20% as part of science-based targets

Electronics retailer Best Buy has unveiled science-based goals to decrease its own emissions by 75%, its customers' emissions by 20% and save $5bn on utility costs by 2030.

The contractually obliged suppliers represent almost 21% of O2’s supply chain emissions

O2 recertified to highest Carbon Trust standard for supply chain emissions management

Telecoms giant O2 has been recertified to the highest possible level of supply chain management to reduce greenhouse gas emissions.

Carbon Credentials joins the small number of SMEs worldwide to have set a science-based target

Carbon Credentials to cut Scope 3 emissions through approved science-based target

Energy and carbon management company Carbon Credentials is ready to walk the walk on climate goals, after having new targets to reduce Scope 3 value chain emissions approved by the Science Based Targets initiative (SBTi).

Scotland has called on the UK Government to follow its lead in agreeing to a net-zero target

Scottish Government commits to net-zero emissions by 2045

The Scottish Government has today (2 May) announced plans to amend its Climate Change Bill and commit to a legally binding target of reaching net-zero greenhouse gas emissions by 2045 at the latest – leading the rest of the UK.

ENGIE will maintain the homes and guarantee their energy performance for a 30-year period

Moat Homes launches 'Energiesprong' retrofit pilot to create zero carbon houses

A five-home pilot project has launched in Essex to create zero-carbon retrofit homes in the UK, fitting the buildings with solar photovoltaics (PV) and battery storage systems.

The live, one-hour webinar will be available to watch on-demand for those who register

Now on demand: ambition into action webinar featuring Tideway, WSP and BITC

Listen now on demand to edie's exclusive one-hour webinar featuring sustainable business experts from Tideway, WSP, the BITC and EDF Energy, who will discuss how UK businesses can ramp up their efforts to reduce energy and resource use in 2019-20.

Last year, Oxford unveiled plans to phase out petrol and diesel vehicles from the city centre with an ultimate aim to deliver a zero-emission zone in 2035

Oxford City Council to create citizens assembly to assist with climate change targets

Following a week of climate-related protests in London, Oxford City Council has announced its intention to become the first UK local authority to create a "citizens assembly" to assist with the establishment of new carbon targets and climate mitigation strategies.

Puro will hold the first auctions where CORCs will be traded in May and June this year

Finnish businesses set up 'world's first' marketplace for carbon removal certificates

A group of Finnish businesses have partnered with global financial solutions firm South Pole and Swedish bank SEB to launch a new marketplace for science-based CO2 removal certificates, in a bid to scale methods that can capture and remove carbon globally.

SECR will require around 12,000 large and UK-listed businesses to report new energy-related data when it enters into force next month.

New digital tool launched by Government to simplify SECR reporting

The Government agency and reporting council overseeing compliance for the upcoming Streamlined Energy and Carbon Reporting (SECR) standards have launched a new taxonomy to submit relevant data in better aligned digital formats.

Streamlined Energy & Carbon Reporting (SECR) will require around 12,000 large and UK-listed businesses to report new energy-related data

Businesses urged to capture £6bn energy savings as SECR requirements loom

Businesses have been urged by the UK Government to accelerate efforts to improve energy efficiency in order to cut corporate energy use by 20%, saving £6bn in the process, ahead of the new Streamlined Energy & Carbon Reporting requirements (SECR) that are set to enter into force.

While many mining giants include SDG logos on their report, they fail to report on their negative environmental impacts, the report concludes. Image: Jacquie S/ Pixabay/ CC BY 2.0 

World's largest mining firms 'selectively reporting' on positive sustainability progress, report warns

Many of the world's largest mining companies are choosing to omit mentions of their negative environmental and social impacts from their annual report, highlighting and overstating positive impacts instead, a new report has warned.

Energy reporting is business-critical on the journey to low - and net-zero carbon - emissions.

edie launches business guide to Streamlined Energy and Carbon Reporting

edie has launched a business guide into the important issue of Streamlined Energy and Carbon Reporting (SECR) as the first full financial year since the scheme was introduced in April 2019 draws to an end.

Reports suggest that the UK won't reach its net-zero target without making the disclosure mandatory

Will 2020 be the year of mandatory climate disclosure?

Leading experts believe that it is "highly likely" that disclosing climate-related data to the Task Force on Climate-related Financial Disclosures (TCFD's) will become mandatory and have called on business professionals to start collecting and mapping data now.

edie Explains: Net-zero business

What is 'net-zero' in the context of business emissions? Which organisations are most suited to adopting net-zero carbon strategies, and what are the business benefits of doing so?

Globally, around 800 firms have publicly given their support to the TCFD recommendations - but this doesn't necessarily result in full disclosure

Aldersgate Group: UK must make TCFD reporting mandatory to reach net-zero

The UK will not meet its 2050 net-zero goal unless corporates and investors are legally mandated to report on their climate risks and the actions they are taking to mitigate them, the Aldersgate Group has warned.

Views wanted from edie readers on Streamlined Energy and Carbon reporting

edie wants to hear from energy and sustainability professionals about how they are getting to grips with Streamlined Energy and Carbon Reporting (SECR).

The webinar will be available to watch on-demand afterwards for those who register

Two weeks left to register: edie's climate-resilient supply chains webinar

edie's latest webinar, taking place on Thursday 16 April, will focus on how businesses can build sustainable, climate-resilient supply chains through engagement methods, carbon reporting and regenerative practices.

More than 500 businesses across the world have publicly committed to set greenhouse gas emission reduction targets in line with climate science through the Science Based Targets Initiative (SBTi)

NOW AVAILABLE ON-DEMAND: edie's Scope 3 emissions webinar with Multiplex, CDP and Carbon Credentials

Sustainability and energy professionals looking to gain key insights on tackling Scope 3 emissions as part of the science-based targets process can tune into a free one-hour webinar featuring Multiplex Construction Europe, CDP and Carbon Credentials, on-demand.

The new quarterly Business Energy Barometer has been developed to spark new ideas and actions among the forward-thinking energy specialists within edie's Energy Leaders Club

Energy managers reveal biggest challenges and priorities in edie's new 'Business Barometer' report

EXCLUSIVE: The biggest challenge facing energy managers right now is behaviour change, whilst energy efficiency technologies and the Internet of Things (IoT) hold the biggest opportunity for businesses looking to drive down emissions – according to new survey results published today (22 May) by edie.