The discovery was made in the first ever carbon accounting survey of 1,000 companies globally, by business software supplier Eipicor. The study also revealed 58% of business leaders had not even heard of the term "carbon accounting".
The UK is one of the first countries to implement a statutory reporting obligation on environmental emissions.
Last year the Carbon Reduction Commitment was introduced which forced organisations that spend more than £500,000 annually on energy bills, to account for, report and pay for energery related emissions.
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