(1) Subject to sub-paragraph (1A), this Part of this Schedule applies to the directors’ report for a financial year if the company is a quoted company.
(1A) This Part does not apply if—
(a) the company is a subsidiary undertaking at the end of the financial year;
(b) the company is included in the group report of a parent undertaking; and
(c) the group report is prepared for a financial year of the parent undertaking that ends at the same time as, or before the end of, the company’s financial year; and—
(i) if the group report is a group directors’ report—
(aa) of a quoted company, it complies with this Part of this Schedule other than in reliance on paragraph 15(5)(b); or
(bb) of an unquoted company, it complies with Part 7A of this Schedule other than in reliance on paragraph 20D(7)(b); or
(ii) if the group report is a group energy and carbon report, it complies with Part 7A of this Schedule as applied and modified by regulation 12B of the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 other than in reliance on paragraph 20D(7)(b).
(1B) For the purpose of sub-paragraph (1A), “group energy and carbon report” means a report prepared in accordance with section 415(2) of the 2006 Act as applied and modified by regulation 12B of the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008;
(2) The report must state the annual quantity of emissions in tonnes of carbon dioxide equivalent from activities for which that company is responsible including—
(a) the combustion of fuel; and
(b) the operation of any facility.
(3) The report must state the annual quantity of emissions in tonnes of carbon dioxide equivalent resulting from the purchase of electricity, heat, steam or cooling by the company for its own use.
(3A) The report must state a figure, in kWh, which is the aggregate of—
(a) the annual quantity of energy consumed from activities for which the company is responsible, including—
(i) the combustion of fuel; and
(ii) the operation of any facility; and
(b) the annual quantity of energy consumed resulting from the purchase of electricity, heat, steam or cooling by the company for its own use.
(3B) The report must state what proportion of the figures reported in accordance with sub-paragraphs (2) and (3) relate to emissions in the United Kingdom and offshore area.
(3C) The report must state what proportion of the figure reported in accordance with sub-paragraph (3A) relates to energy consumed in the United Kingdom and offshore area.
(3D) If the company has in the financial year to which the report relates taken any measures for the purpose of increasing the company’s energy efficiency, the report must contain a description of the principal measures taken for that purpose.
(4) Sub-paragraphs (2) to (3D) and paragraphs 16 and 17 apply only to the extent that it is practical for the company to obtain the information in question; but where it is not practical for the company to obtain some or all of that information, the report must state what information is not included and why.
(5) Nothing in sub-paragraphs (2) to (3D) and paragraphs 16 and 17 requires the disclosure of information if—
(a) the company consumed 40,000 kWh of energy or less during the period in respect of which the directors’ report is prepared and the report states that the information is not disclosed for that reason; or
(b) the disclosure would, in the opinion of the directors, be seriously prejudicial to the interests of the company, and the report states that the information is not disclosed for that reason.
(1) If the report is a group directors’ report, subject to sub-paragraph (2), paragraph 15(2) to (3A), (3D) and (5)(a) and paragraph 17 have effect as if references to the company were references to the company and its subsidiary undertakings included in the consolidation that are quoted companies, unquoted companies or limited liability partnerships.
(2) The company may exclude from the report any information which relates to—
(a) a subsidiary undertaking that is a quoted company and which that quoted company would not be required to include in its directors’ report by this Part of this Schedule;
(b) a subsidiary undertaking that is an unquoted company and which that unquoted company would not be required to include in its directors’ report by Part 7A of this Schedule;
(c) a subsidiary undertaking that is a limited liability partnership and which that limited liability partnership would not be required to include in its energy and carbon report by section 416(2) of the 2006 Act as applied and modified by regulation 12B of the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.
(3) For the purpose of this paragraph, “limited liability partnership” means a limited liability partnership registered under the Limited Liability Partnerships Act 2000.
The directors’ report must state the methodologies used to calculate the information disclosed under paragraph 15(2) , (3) and (3A) .
The directors’ report must state at least one ratio which expresses the ... company’s annual emissions in relation to a quantifiable factor associated with the company’s activities.
With the exception of the first year for which the directors’ report contains the information required by paragraphs 15(2) and (3) and 17, the report must state not only the information required by paragraphs 15(2) and (3) and 17, but also that information as disclosed in the report for the preceding financial year.
With the exception of the first year for which the directors’ report contains the information required by paragraph 15(3A) to (3D), the report must state not only the information required by paragraph 15(3A) to (3D) but that information as disclosed in the report for the preceding financial year.
The directors’ report must state ... the period for which it is reporting the information required by paragraph 15(2) if it is different to the period in respect of which the directors’ report is prepared.
The period for which the directors’ report is reporting the information required by paragraph 15(3) and (3A) must be the same as the period for which it is reporting the information required by paragraph 15(2).
The following definitions apply for the purposes of this Part of this Schedule—
“emissions” means emissions into the atmosphere of a greenhouse gas as defined in section 92 of the Climate Change Act 2008 which are attributable to human activity;
“energy” means all forms of energy products where “energy products” means combustible fuels, heat, renewable energy, electricity, or any other form of energy;
“energy efficiency” means the ratio of output of performance, service, goods or energy to input of energy;
“kWh” means kilowatt hours;
“offshore area” means the areas comprising—
the sea adjacent to the United Kingdom from the low water mark to the landward baseline of the United Kingdom territorial sea;
the United Kingdom territorial sea;
the sea in any designated area within the meaning of section 1(7) of the Continental Shelf Act 1964; and
the sea in any area for the time being designated under section 41(3) of the Marine and Coastal Access Act 2009,
and includes the places above those areas, and the bed and subsoil of the sea within those areas;.
“tonne of carbon dioxide equivalent” has the meaning given in section 93(2) of the Climate Change Act 2008.
Contains public sector information licensed under the Open Government Licence v3.0 (legislation.gov.uk).
