uk sustainability

The U.K.’s plans to revise how companies report more meaningfully on the impact their operations have on the environment will mean organizations will have to dig for better data to satisfy regulators—even if they decide that compliance with the proposed rules is not appropriate for them under the option of “comply or explain.”

Experts believe the proposed disclosure regime will put companies at increased risk of regulatory scrutiny, as well as possible investor and consumer litigation due to “greenwashing” and inadequate reporting.