PARLIAMENTARY WRITTEN QUESTION
Carbon Emissions (24 October 2024)

Large or listed UK companies are required to disclose specified emissions under the regulations which underpin Streamlined Energy and Carbon Reporting. Currently, Government is considering the International Sustainability Standards Board reporting requirements which do not prohibit the use of book and claim for emissions, subject to transparent reporting and verification. DESNZ is also reviewing the Environmental Reporting Guidance which includes guidance on reporting renewable energy where Renewable Energy Guarantees of Origin are used alongside physical purchase of energy, as well as use of carbon offsets. However, there are no plans to conduct a specific assessment of the merits of book and claim at the present time.