The U.K.โ€™s plans to revise how companies report more meaningfully on the impact their operations have on the environment will mean organizations will have to dig for better data to satisfy regulatorsโ€”even if they decide that compliance with the proposed rules is not appropriate for them under the option of โ€œcomply or explain.โ€

Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...