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Published Monday 22 June 2009
Published June 19th, 2009
The Government recently announced its Carbon Reduction Commitment draft, which will affect around 25,000 businesses. Carbon management experts Suzy Hodgson and Jamal Gore from Carbon Clear explain the implications of these proposals.
The Department of Energy and Climate Change (DECC) says that businesses are fully aware of their obligations under the impending Carbon Reduction Commitment (CRC) legislation. However, we are not so sure.
On 12 March the DECC released draft proposals, which will affect approximately 20,000 UK firms. Companies will have to submit a CRC information disclosure to the Environment Agency by next summer, while roughly 5,000 will have to pay registration fees and participate fully in the scheme.
Despite its innocuous-sounding name, companies should not take the Carbon Reduction Commitment lightly, as failure to prepare properly will pose serious financial and reputational risks.
At the same time, it's a good opportunity for environmental managers to help their companies use the CRC to achieve real emissions reductions, cut costs and identify new sources of competitive advantage.
Read more on the Caterer website.
