Environmental Key Performance Indicators: Reporting Guidelines for Business
Trucost guidance for companies to report on their environmental performance. The guidelines are designed to help businesses report on their most significant environmental impacts in line with regulatory requirements such as the Companies Act 2006.
These Guidelines seek to make the process of environmental reporting easier for businesses by setting out 22 environmental KPIs, together with information on how environmental impacts arising from the supply chain and from the use of products can be taken into account.
Although 22 direct KPIs are described, no one company is expected to report on all of these. An analysis of business sectors suggests that around 80 per cent of companies are likely to have 5 or fewer KPIs.
Whilst some companies already have sophisticated reporting systems in place, these Guidelines aim to help many more companies reach a level where they understand their environmental performance and can improve it.
The GreenFin Summit follows a successful launch event in 2019. That invitation-only event brought together 100 corporate sustainability leaders, major public-sector pension fund executives and leading financial institutions, with over a trillion dollars of combined assets under management. The discussion broached vital topics in ESG that will be expanded upon at the 2020 Summit. Richard Mattison...