Consolidation for UK environmental reporting

Survey of large companies finds gradual increase in reporting, growing consensus of business benefits

Environmental reporting is "now established practice" for most large companies, according to an annual survey carried out in the UK. There was little change from 1995 to 1996 in the proportion of companies quoted in the FTSE-100 stock exchange index that issued stand alone environmental reports (30%) or included environmental issues in their annual reports (78%). But the report, produced by consultancy KPMG, concludes that "this year potentially sees the beginning of sustained growth" in the number of companies issuing separate environmental reports. "Many more companies recognise the need for effective systems to gather and collate environmental information," the report says; and companies "are now beginning to sea clear and direct benefits" from environmental reporting.

Follow Up:
KPMG , tel: +44 171 311 1000.

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