<-- Back to proposed bills
Company Transparency (Carbon in Supply Chains) Bill
16 October 2020
Type
Bill Debate
At a Glance
Issue Summary
Karen Bradley is moving the Company Transparency (Carbon in Supply Chains) Bill to provide transparency on companies' efforts to tackle carbon emissions in their supply chains. Karen Bradley discusses the Company Transparency (Carbon in Supply Chains) Bill and its potential to increase transparency regarding carbon emissions in supply chains.
Action Requested
The bill proposes that companies disclose their actions or lack thereof regarding carbon emissions in their supply chains, with statements signed off at board level and made public for consumers and employees to make informed decisions. No specific new action is requested beyond the passage of this legislation.
Key Facts
- The Bill was introduced back in March.
- It mirrors Section 54 of the Modern Slavery Act which requires companies to report on measures taken against modern slavery.
- Companies with a turnover over £36 million are required under the Modern Slavery Act to publish an annual statement about their efforts to address human trafficking and slavery in their supply chains.
- California was the first place to have a transparency in supply chains measure.
- The UK has reduced carbon emissions by 43% between 1990 and 2018 while growing its economy by 75%.
- The UK decarbonised its economy at the fastest rate of all G20 countries since 2000.
▸
Assessment & feedback
Summary accuracy