Carbon emissions trading and reporting schemes

The issue of climate change is stimulating action by government and industry to reduce environmental impact of business activities. Legislation is in place to encourage businesses become more energy efficient and reduce emissions.

These interventions include industry-wide ‘cap and trade’ frameworks to gradually reduce emissions in line with long term targets and international commitments. Reporting requirements for certain business types and industry sectors provide an annual impetus to take actions to cut emissions and reduce energy use.

This guide will help you to understand about the UK ETS scheme and if your business still has obligations under the EU ETS scheme. It will also help you understand if your business is within scope of the Streamlined Energy and Carbon Reporting, the Energy Savings Opportunity Scheme, industry-specific Climate Change Agreements or the Carbon Offsetting and Reduction Scheme for International Aviation.