SCIENCE / ENVIRONMENT NEWS
June 21, 2012 12:00:00 AM
  Follow @ Twitter

All 1,800 firms listed on the London Stock Exchange's Main Market will be required to list their greenhouse-gas emissions from next April, British Deputy Prime Minister Nick Clegg said at the Rio+20 summit on Wednesday.

The move means that Britain will become the first country to make it compulsory for companies to include emissions data for their entire organizations in their annual reports.

At a side event at the UN Conference on Sustainable Development, Clegg said that the reporting would help corporations and investors identify potential areas of savings that can be made through energy efficiency.

"Counting your business costs while hiding your greenhouse gas emissions is a false economy," he was quoted as saying in a statement issued by Britain's environment department.

"British companies need to reduce their harmful emissions for the benefit of the planet, but many back our plans because being energy-efficient makes good business sense, too.

"It saves companies money on energy bills, improves their reputation with customers and helps them manage their long-term costs, too."

The regulations have been under discussion between government and business for months.

They will be introduced from the start of the next financial year in April and be reviewed in 2015, pending a decision whether the requirement should be extended to all large companies from 2016.

AFP


PREVIOUS STORY
Science world commemorates father of computer science
NEXT STORY
Arctic once had extreme warm periods: study

Bookmark and Share
   




FIJI NEWS
Man, 72, gets eight years over rapeA physically disabled 72-year-old man who raped a nine-year-old girl in Levuka late last year has been sentenced to eight years imprisonment.
WORLD
'Green'-tinted SUVs at Seoul Motor ShowGas-guzzling SUVs, eco-friendly electric cars and the odd brave attempt to marry the selling points of both are taking centre stage at the biennial Seoul Motor Show.
TECHNOLOGY
Vodafone Fiji, Tonga telco in allianceVodafone Fiji and Tonga Communications Corporation today signed a strategic partnership alliance that will allow the Tongan company to leverage off the experience of their Fijian counterparts.
HEALTH/FITNESS
Clean-up day to curb dengue outbreakFiji's Ministry of Health has declared a clean-up day next Thursday for residents in the central division as it ups the tempo against a dengue fever outbreak currently experienced in the country.
LIFESTYLE/FASHION
Tafunaíi ready to fly Fijiís flag highNew crowned Miss World Fiji, Charlene Tafunaíi is ready to do wonders for Fiji in the Miss World Finals in December and is calling for the nationís backing.
CELEBRITY
Film makers create Indo-Pak border in FijiKya Dilli Kya Lahoreís producers created the barren Wagah border between India and Pakistan in Fiji for the movie which stars Vijay Raaz.
NEWS SPORTS INFOTAINMENT SERVICES MOBILE EXTRA HOT TOPICS