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Seanad: Companies (Emission Reporting) Bill 2021: Second Stage (24 Nov 2021)

Garret Ahearn: ...world. The new climate action Bill includes an acceleration of measures to achieve the level of decarbonisation now required in the industry sector. The target is for a reduction of 7.9 million tonnes of CO2 equivalent in 2018 to about 5 million tonnes in 2030. Under the Government's Climate Action Plan 2021, an increase in energy efficiency in Irish enterprises of 50% by 2030 will be...

Seanad: Companies (Emission Reporting) Bill 2021: Second Stage (24 Nov 2021)

Robert Troy: ...to mandatory standards in 2024, and that those reports will cover the financial year of 2023. As it stands, the EU proposal has struck the correct balance by targeting large companies with more than 250 employees initially, before an envisaged expansion to include listed SMEs after three years. On scope, the Senator's legislation proposes a wider scope of entities for inclusion....

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