Draft Companies (Directors' Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Ronnie Cowan
Main Page: Ronnie Cowan (Scottish National Party - Inverclyde)Department Debates - View all Ronnie Cowan's debates with the Department for Business, Energy and Industrial Strategy
Draft Companies (Directors' Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018
Ronnie Cowan Excerpts(6 years, 1 month ago)
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Ronnie Cowan (Inverclyde) (SNP)
Any move to tackle climate change is welcomed by the Scottish National party. We see it as the greatest risk we face this generation. We are concerned that allowing directors to decide when to be exempt from making statements because of such a statement being
“seriously prejudicial to the interests of the company”
could mean a real risk that the companies that most need to make reductions will just avoid making a statement, because of regulation 6. We encourage the Department to consider removing the exemption, or at least explicitly requiring a director making such a judgment to note in a report that there is no statement on energy usage because “such a statement would be seriously prejudicial to the company’s interests”.