January 01, 2013

UK Consultation on Greenhouse Gas Reporting

Aidan Thomson

On June 20, 2012, the United Kingdom (UK) government announced that it planned to introduce a new regulation requiring the reporting of greenhouse gas emissions by UK Quoted companies. Its rationale was to help investors to see how companies are managing their carbon liabilities and thus assess medium to long-term risks. A UK Quoted company is a company that is UK incorporated and whose equity share capital is officially listed on the Main Market of the London Stock Exchange; or it is officially listed in a European Economic Area state; or it is admitted to dealing on either the New York Stock Exchange or Nasdaq.

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