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New guidance for businesses to report their sustainability credentials. 2012-08-21 - No Comments

A new guidance is proposed by Environment Minister Lord Taylor of Holbeach in order to help UK businesses to demonstrate their sustainability performance to the public and investors. The Department for Environment Food and Rural Affairs (Defra) is consulting on guidelines to help businesses that want to demonstrate their corporate sustainability credentials to do it in a clear and concise way. The guidance includes advice on how to measure and report on their impact on wildlife and natural services (clean air, clean water, food, timber, flood protection, welfare benefits).

In addition, the proposed guidance will help business to see where they can make savings and meet the increased interest from inventors in environmental information, which is relevant to investment decisions. This idea come from the agreement at Rio+20 between British firms and government, where it was agreed that they will help to secure international support to encourage businesses to include sustainability information in their annual reporting.

Environment Minister Lord Taylor of Holbeach affirmed that this new guidance represents a new step regarding corporate sustainability reporting which should become a normal practice for businesses in order to show their environmental impact.



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