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Does your organisation need to measure CO2 emitted by your vehicles? PEAK can give you an accurate report showing business and private CO2 at the push of a button.

pc mileage expenses

Mandatory Carbon Reporting That is Accurate, Reliable and Quick Our CO2 Reporting uses GPS to track each and every journey making it far more powerful than a simple mileage claim.

Measure CO2 by driver, vehicle, per journey and across your entire fleet. Split the CO2 between business and private and create a full CO2 report in just a few seconds.

Contact us today to find out how your CO2 reporting can be simple and accurate

The UK Government has announced that under the Companies Act 2006 (Strategic and Directors’ Reports) Regulations 2013, quoted companies are required to report their annual greenhouse gas (GHG) emissions in their directors’ report.

Carbon reporting is the first vital step for companies to make reductions in emissions. By measuring and reporting GHG emissions companies can begin to set targets and put in place carbon management initiatives to reduce emissions in the future.  Defra (the UK Department for Environment, Food and Rural Affairs) has estimated that reporting will contribute to saving four million tonnes of CO2 emissions by 2021.

Who is affected?

All quoted companies have to measure and report greenhouse gas (GHG) emissions. Quoted companies are those that are UK incorporated and whose equity share capital is officially listed on the main market of the London Stock Exchange; or is officially listed in a European Economic Area; or is admitted to dealing on either the New York Stock Exchange or NASDAQ.

When does the legislation come in place?

The legislation is applicable from October 2013. The requirement comes in to place for company reporting years ending on or after 30 September 2013. Since data from a 12-month period is required, this means that data back to October 2012 may be required.

What are the requirements for calculating the footprint?

There is no prescribed methodology under the regulations, but for effective emissions management and transparency in reporting it is important that you use robust and accepted methods. This means that companies need to ensure that:

  • A suitable, widely recognised independent standard is used, such as the GHG Protocol Corporate Standard
  • The accounting approach covers emissions from all activities for which they are responsible globally
  • All relevant greenhouse gases are included

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