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Opportunities to arise as mandatory GHG reporting comes into force
Changes to the Companies Act which came into force on October 1 will mean that businesses now have a legal requirement to integrate reporting of greenhouse gas emissions (GHG) with their financial reporting, writes Eddie.net.
Companies will also be required to consider environmental risks and opportunities in new Directors’ Strategic Reports, ensuring that environmental issues are factored into long-term business decision making.
The majority of businesses have welcomed the reporting regulations, viewing it as an opportunity to focus on efficiency, drive down costs and reduce their environmental impact.
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