Company Law: New Environmental Reporting Provisions

In the white paper, "Modernising Company Law", the DTI announced that in future the most economically significant companies would be required to prepare and publish an Operating and Financial Review (OFR).

Directors preparing an OFR will need to consider many factors including, as a first among equals, their company's impact on the environment.

In welcoming the White Paper, Environment Minister Michael Meacher, said:

"I have long been an advocate of greater business transpar... (216 more words)

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