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'Carbon Costs' argues that a lack of a standardised carbon accounting system is impeding the UK Government’s long term goals of reducing emissions and creating a low carbon economy.
It finds that very few FTSE 350 companies have credible carbon reporting mechanisms in place, and those companies that do could not be compared because they calculated emissions differently.
The purpose of this report is to present the key issues, evidence and proposal for action so that the UK can be at the forefront and reaffirm its leading position in the financial markets in the world.
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