391 results found showing 1 - 20
UK business does not take the environment seriously enough, Sir John Harman, Chairman of the Environment Agency, last week told a group of senior City figures. Annual environmental reporting should be compulsory for all FTSE listed companies, Sir John said. Company Directors should be required to disclose how they identify and manage environmental risks and to report environmental performance against published targets. Sir John Harman said that environmental performance is not about...
News | 8 Apr 2002
With ever increasing financial and public sector pressure on businesses to report on the environmental impacts of their activities, organisations need to change the way in which they operate, says the Association of Chartered Certified Accountants (ACCA). Recent developments have included FTSE's announcement that it will introduce more stringent environmental criteria for FTSE4Good, its ethical i...
News | 6 Jun 2002
...nvironmental impact of their suppliers, although only 32% would change suppliers who were found to be damaging the environment. Simon Thomas, chairman, Trucost says: "Environmental disclosure is becoming increasingly important. Our survey found that only half of business leaders are aware of the environmental reporting clause in the government's Modernising Company Law White Paper. This clause is expected to compel at least the 1,000 largest UK companies to report on their environmental performance.
News | 22 Aug 2002
The UK food industry and retailers have been told they must cut down the amount of packaging on their products because too much of it ends up in landfill sites. The Environment Agency’s annual Spotlight report names the food and drink sector as the second largest environmental offender, behind the fuel and power industry. The chemical industry was the most praised, with 42% of companies receiving an ‘excellent’ grade for environmental responsibility. The Agency says that supermarkets and food and drink companies need to do more to reduce the amount of waste peopl...
News | 27 Jul 2006
The DETR has published guidance to help companies measure their waste and report on their environmental performance to shareholders. Environmental reporting is becoming more important as companies increasingly bear the environmental costs of their waste management. Landfill tax, for example, is currently rising at £1/tonne per year.The DETR is also keen to stress the economic benefits of good waste management. Companies may be underestimating the purc...
News | 29 Mar 2000
A recent international survey carried out by KPMG has found a "significant increase" in the number of firms reporting on their environmental performance. However, the survey also indicates that environmental reporting is still a minority activity and that the quality of reports produced is highly variable. German and Swedish companies top the table for preparation of separate environmental reports, although the UK comes out top if coverage of environmental issues in other corporate reports is included. Legis...
News | 30 Nov 1999
The Scottish Government has reported that it has improved its environmental performance through targeted action to cut emissions. The 2009-10 Annual Environmental Report shows the progress that has been made in reducing emissions from waste, travel and energy use but not all targets were met. The main findings include: A 14% reduction in waste - taking the Scottish Go...
News | 7 Nov 2011
...ll-share companies also found that only a minority of companies are providing environmental statistics in line with Government guidance and that the quality of information is still very varied and in some cases basic. Environmental Disclosures, the Environment Agency’s third major review of environmental reporting by leading businesses, found that 99% of companies made a reference to an environmental issue in their 2009-2010 annual reports and accounts. A total of 67% of companies surveyed reported on at least one of three environmental key performance indicators – carbon emissions, water use and waste dis...
News | 12 May 2011
...ew (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 transparency on environmental issues and I welcome the White Paper as a very important step towards this. The OFR provisions will ensure that these largest businesses are required to consider environmental issues in their reporting." In deciding what other issues they need to report on, directors will need to consider a whol...
News | 25 Jul 2002
A Private Member's Bill has been introduced into Parliament by Linda Perham - backed by social and environmental groups (for example, Amnesty International) - which would make businesses much more accountable for their social and environmental activities. The Bill probably has little chance of becoming law in its current form, but reportedly contains proposals to make environmental/social reporting compuls...
News | 21 Jun 2002
The recent removal of the Operating and Finance Review (OFR) may have given the impression to companies that environmental reporting was no longer necessary. However, Environment Minister Elliot Morley today urged businesses to report on their environmental impacts, especially as new Defra guidelines will make it easier than ever to do so. Under the EU Accounts Modernisation Directive large UK businesses (including over 1,200 ...
News | 24 Jan 2006
An Environmental Management System (EMS) provides a structured way for an organisation to manage its environmental impacts. An EMS is based upon the Plan-Do-Check-Act methodology where a systematic process is used to first determine sustainability objectives through an organisational policy statement, identify the...
Support | 10 Feb 2012
'Remas’, a Europe-wide study to measure the benefits of formal environmental management systems (EMS) used by businesses, needs more companies to take part in the study, with every firm that signs up receiving a free and confidential report benchmarking it against its sector and across the whole of Europe. The remas project is now in full swing with industrial sites acro...
News | 17 Dec 2003
...ed Accountants). Responding to the Government's publication last week of a consultation document on what information should be included in the OFR, ACCA believes guidance to directors needs to be clearer on the issue of external stakeholder concerns, not just those of shareholders. Social and environmental reporting is currently located largely outside the annual report and accounts. Approximately 70% of the FTSE 100 produce such stand alone reports. The problem is that, with the exception of the small socially responsible investment (SRI) community, the mainstream investment institutions pay little attention ...
News | 2 Jul 2003
...ehaviour." Key Findings - 73% of directors say that their organisation has a policy to promote equal opportunities. But only 53% of directors collect information on how many of their employees are women, and 38% do so for employees from minority ethnic groups. - 62% of directors think that environmental impact of customers or suppliers is important in making commercial decisions. However, only 27% say that their organisation collects information on its emission of CO2 and other greenhouse gases, and only 28% say that their organisation has a policy in place for reducing emissions. - 81% of orga...
News | 18 Dec 2002
UK companies making bold claims about social and environmental achievements are in some cases using "incorrect and irrelevant data", according to researchers at the University of Leeds and Euromed Management School. Researchers analysed more than 4,000 corporate social responsibility (CSR) reports, rankings and surveys published by companies worldwide over th...
News | 7 Dec 2011
...king at height is the principal industry where these regulations would apply. “Using the HSE to utilise local authorities will offer a more consolidated approach, particularly with the implementation of HSE campaigns. We wonder whether this will fall into the laps of Building Control Officers, Environmental Health Officers or a combination of the two? “The main disappointment is that the findings focused on the burden to business that health and safety may cause. Although the findings will no doubt ease these burdens, we don’t see that the changes will make any difference to preventing any furthe...
News | 29 Nov 2011
Plans to increase the threshold for reporting workplace injuries from more than three days to more than seven will make it harder to gather evidence on workplace safety, the Chartered Institute of Environmental Health (CIEH) has warned. In a submission to the HSE consultation on proposals to change the Reporting of Injuries, Diseases and Dangerous Occurrences Regulations (Riddor), the CIEH says the current system, despite its faults, produces a 'beneficial evidence base' for regulators. The submission s...
News | 13 Jun 2011
...ste without the necessary permits from the Environment Agency. To tackle the problem, the Environment Agency in the North East has piloted an intelligence-led project to crack down on illegal operators. The ‘priority offenders’ project was launched in 2010 to deal with illegal waste sites and environmental crime. A team of specialist investigators use modern enforcement techniques to build up evidence of the people operating these sites. They get a complete picture of all illegal site operations by sharing information with the police and others before stopping activity on multiple illegal sites ...
News | 27 Apr 2011
‘People factors’ remain the main obstacle to achieving workplace environmental objectives, according to a survey by the BIFM (British Institute of Facilities Management) and Low Carbon Workplace Ltd. Common hurdles to carbon emissions reduction were found to include budget constraints and sustaining staff motivation. Despite evidence of a willingness among employees to s...
News | 19 Apr 2011