To ask the Secretary of State for Environment, Food and Rural Affairs what requirements exist on reporting of greenhouse gas emissions for which companies (a) subject to and (b) not subject to the European Emissions Trading Scheme are (i) directly and (ii) indirectly responsible; and how such reports are verified.
Installations participating in the European Union (EU) Emissions Trading Scheme are required to have their annual emissions verified by an independent accredited verifier. Installations that fail to do this will have their annual emissions determined by their regulator. Installations must also submit an annual report to the regulator on how they will improve their monitoring and reporting of emissions.
The data on emissions and associated energy use are made available to the Department for Trade and Industry in compiling the Digest of UK Energy Statistics (DUKES). The data are also made available to the UK National Greenhouse Gas Inventory.
To meet requirements of the EU Accounts Modernisation Directive (AMD) (2003), the Companies Act (2006) contains a requirement for large companies to produce a business review, contained within the annual report and accounts. This includes information on environmental matters where it is considered to be important to company performance.
Further to the EU AMD, the Government have introduced additional requirements. From