New CRC Research Report Published
Businesses of all sizes give their verdict on the CRC
Global Action Plan publishes evidence from organisations involved with the CRC after the governmental call for review.
This report aims to highlight successes as well as failings in the CRC scheme and give practical recommendations for future reform.
What we found
The scheme is forcing carbon savings higher up the corporate agenda. Our research discovered that 40% of organisations are now reporting on carbon emissions for the first time as a result of the CRC. However 69% of respondents told us that the CRC placed a high administrative burden on them. We believe there is a place for the CRC but with definitive areas of improvement.
- The CRC should be retained as organisations are now measuring and reporting on their carbon emissions.
- Administrations should be further streamlined.
- The CRC should be the basis for compulsory reporting on carbon emissions.
- The Performance League Table should be reviewed so that it has a greater reputational impact on companies.
Find out more by downloading the CRC research report (registration required).
Global Action Plan’s Trewin Restorick said:
The CRC has been effective in getting organizations to measure their carbon emissions. This is the first essential step in getting them to manage their carbon better. Once measurement systems are in place, administrative costs will decrease and there is now a real opportunity to slightly refine the CRC to make it an important driver to shift the UK towards a lower carbon economy.
Download your copy of the Global Action Plan executive summary or full version of the report (registration required).
Call us on 020 7420 4444 if you would like to find out more about our research on the CRC scheme or the work we do with businesses to reduce their carbon emissions.