Many companies in the UK and throughout the EU need to meet the new reporting requirements of the Business Review, part of EU Accounts Modernisation Directive, and Trucost helps companies do this.

Main Requirements

The EU Accounts Modernisation Directive requires large quoted and unquoted companies to produce a 'Business Review' in addition to their current mandatory reporting. This must include a 'fair review of the business of the company' and should report relevant environment and employee matters using key performance indicators (KPIs) 'to the extent necessary for an understanding of the development, performance or position of the business of the company.'

Trucost works directly with institutional fund managers, including Hermes Pension Fund Management, Standard Life Investments and Henderson Global Investors, so we understand the requirements of this group of stakeholders and how companies can best present their environmental KPIs to them in a Business Review. "Trucost's ability to dig out the data about the environmental consequences of production is absolutely second to none anywhere in the globe," says Hermes Focus Asset Management.

Let Trucost do the Work

Trucost has an in-depth understanding of the environmental reporting requirements of the EU Accounts Modernisation Directive. Our proven system, which is used by FTSE 100 and other leading companies, provides directors with a means of determining the appropriate environmental issues to report on in the Business Review.