30 Sep 2009 12:09:07
Firms unaware of carbon commitment
More than two-thirds of businesses in the UK are unaware of the Carbon Reduction Commitment (CRC) legislation, an insurance and energy management firm has revealed.
According to RSA, 41 percent of firms do not know about the CRC, while three-quarters of companies are in the dark about when the legislation comes into effect.
This could see more than 5,000 businesses having to deal with rises of at least £55,000 in energy costs from next year.
Companies will have to offset carbon through buying allowances for every tonne of CO2 they emit.
Alex Matthias, energy management leader at RSA, urged firms to focus upon energy efficiency and environmental responsibility.
He said: "CRC will be an important issue for many years to come and it is vital that organisations take advantage of the potential financial benefits by acting now rather than leaving it to the last minute and risking their company's reputation and bottom line."
Organisations qualify for CRC if their yearly half-hourly metered consumption of electricity is more than 6,000MWh.
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