Environmental disclosure ‘sound corporate governance’

Companies are increasingly realising that disclosing information on their
environmental activities ‘is part of sound corporate governance,’ BP’s company
secretary has said.

Speaking at the launch of a new guide for businesses setting out the benefits
of improving their environmental performances, David Jackson, BP’s company
secretary said that ‘companies are now recognising that transparency over
material non-financial information is part of sound corporate governance.’

Oliver Guize, chief executive of Bureau Veritas, which helped produce the
guide, added: ‘we urge more companies to not only manage their environmental
compliance issues but to think innovatively to promote activities that bring
simultaneous economic, social and environmental benefits.’

The report is due to be released today, and will be available to download
from the Business in the Community

Titled Looking Back, Moving Forward: Building the Business Case for
Environmental Improvement
. It includes ten years of data from BitC on the
management of environmental issues as well as case studies from Bureau Veritas,
BP, Carillion and Provident Financial on best practice and financial gain.

Attached to the guide is the Environment Index 2005 report, outlining the
environmental performance of companies, sponsored by the Energy Saving Trust

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