Everything News Jobs Opportunities Events Products/Services
Go to Home
Sign Up Sign in

The Low Carbon Economy Ltd

04 Mar 2010 09:03:06

Companies should prepare for tougher carbon reporting regime

Companies should prepare for tougher carbon reporting regime
A new survey from Standard & Poor's has found that over half of companies questioned are not including carbon reporting in their financial calculations.

Only 40 percent of those asked were incorporating reports and carbon exposure risks into their funding decisions and statements – but a similar percentage was failing to factor emissions into their finances.

Analyst Michael Wilkins stressed that most companies would have to start including carbon risk assessments into corporate calculations, as climate change legislation for business is expected to become much tougher over the next five to six years – coupled with more intense activity in carbon markets.

On the findings, Mr Wilkins said: "European companies are looking to leverage the most cost-effective solutions in the current economic downturn, and carbon management is starting to play a bigger part in this strategy.

"By implementing a carbon management strategy now, European companies may be able to generate an opportunity for sustainable competitive advantage and potentially bolster their creditworthiness," he added.



Discussion Thread  


The Low Carbon Economy Ltd Community

Related Items From Everyone

  1. 9D Research Group has recently added new report "Paper Cutter Market 2015 - Global Industry Size,...

    15 Mar 2016
  2. Date: 19th October 2011Time: 10:00–13:00 , buffet lunch and refreshment includedVenue: Ramada...

  3. Cooperatives can be said to have had their conception here in the UK and still today some of most...

  4. The building industry has been issued with guidance on enhancing biodiversity in the built...

    31 Mar 2009

Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback


We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.