Voluntary Greenhouse Gas Reporting-Not an Option for Much Longer

Based on the worldwide movement toward climate change, voluntary reporting of greenhouse gases is something every business-large and small-should consider doing now. Reporting makes sound business sense and will become mandatory in the US within the next few years. It provides a competitive advantage, baseline protection, input to new regulations, and preparation for emissions trading. This article suggests that corporate officers have a fiduciary duty to voluntarily report. Not reporting could cost their companies money, unnecessary time catching up, reputation damage, and potential lawsuits from shareholders who believe that the corporate officers knew or should have known to investigate the issue and react.