The following Environment guidance note provides comprehensive and up to date legal information covering:
On 12 October 2017, the Department for Business and Industrial Strategy (BEIS) issued a consultation on a simplified energy and carbon reporting framework to apply from April 2019, following abolition of the CRC Energy Efficiency Scheme and the introduction of corresponding increases in rates of climate change levy. This consultation followed consultation carried out in 2015/2016 looking at ways to simplify and reform the business energy efficiency tax landscape.
The 2017 consultation was issued as part of the government’s Clean Growth Strategy. For more information on the Clean Growth Strategy, see News Analysis: Clean Growth Strategy—Environmental Headlines (October 2017).
The consultation proposed a simplified UK-wide reporting framework implemented through the Companies Act 2006 (CA 2006) as part of companies’ annual reports, to reduce administrative burdens, raise awareness of energy efficiency, reduce bills, and save carbon. The consultation sought views on mandatory annual reporting, the application requirements and electronic reporting. For more information, see: LNB News 12/10/2017 55 and News Analysis: Carbon reporting framework—examining the government consultation.
On 18 July 2018, BEIS published its response to this consultation, together with the draft Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018.
The Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 (2018 Regulations), SI 2018/1155 were made on 6 November 2018 and are in force
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