DECC warned this week that there was less than 50 days to go for businesses to register for the Carbon Reduction Commitment (CRC), but Henry Le Fleming, carbon reporting specialist, PricewaterhouseCoopers LLP (PwC) warns businesses have less than half that time.

"Registration is a more pressing issue than many businesses think. The final deadline for registration is September 30th but the process needs to start much earlier. Companies need to allow between two and four weeks for the Environment Agency to run checks, including anti-money laundering for company's senior officers referred to in the process.  In reality the deadline is September 2nd for most companies.

"Companies cannot afford to leave registration until the last minute. They need to start moving on the process, and fast, otherwise they face significant fines. Missing the deadline will cost £5000 and incur an additional charge of £500 per day, up to a maximum of £45,000. There's also potential reputational damage from a company being listed as non-compliant."

Source - PWC - Click for full article