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Carbon Good Guys League tables for the top UK Companies. View your favourite industry sector and discover what action they are taking on Carbon Reduction.
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A variety of information is used to compile these league tables, from credible sources. Carbon disclosure project data has been used in the past, which is provided by trucost plc. Each company has historically provided calculations they have made on their direct carbon emissions. These figures are then ‘independently’ verified by external sources. Carbon Good Guys have been aware that some of these ‘independents’, are retained on occasions to provide other consultancy work for the same company, raising questions with some, as to the validity of the data.
Carbon Good Guys are keen to provide up to date transparent information on each company, based upon the real efforts that business is making to change the way it operates, reducing its direct/indirect carbon dioxide emissions.
These real changes are visible for all to see, and are less open to abuse by what some may say is ‘creative accounting’ with CO2 figures. If you have further information on a company that you think will add to the readers awareness, then please contact us.
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Half of UK's top firms fail to publish plans to cut carbon emissions
· Green List reveals mixed reaction to climate change
· Voluntary action too little,
says Friends of the Earth
Murray Armstrong and David Adam
Only 48 of the top 100 companies trading on the UK stock exchange have published a plan to address and reduce their carbon emissions and a significant minority refuse even to reveal their carbon footprint, a Guardian survey shows.
The Guardian Green List is published a year after the landmark Stern Review, which warned that the economic impact of global warming could rival that of the two world wars and the Great Depression, and warned that all sectors of the economy would need to cut emissions.
Tony Juniper, head of Friends of the Earth, said: "Sadly I'm not surprised. For years we've talked about the limits to voluntary action. These companies need to have clear economic and regulatory signals from government that they need to work out how to reduce their emissions, because otherwise they won't, and your survey shows that. If we are to move towards 80% cuts in carbon dioxide by 2050 then we need all companies to engage on this issue at boardroom level."
Separate inquiries for the Green List find that 68 of the FTSE 100 companies have collected and published information about their carbon footprints through the Carbon Disclosure Project, a group of institutional investors. A further 18 companies reported their figures to the project but refused to allow the information to be made public.
Tim Brooks, senior analyst at Greenstone Carbon Management, an environmental consultancy, said: "The results show that large corporates are seeing both the financial and environment benefits of measuring and reporting their CO2 emissions in a way which they didn't five years ago."
The cost to those 100 companies of trading their way out of the pollution zone could
be as much as £16.3bn through the European Union cap and trade scheme. That represents
an average 9% of present pre-
The social cost of those businesses becoming low carbon operations is, according to Treasury estimates, about £48bn.
Tesco boss, Sir Terry Leahy, said: "Too few organisations -
In a separate study for the Guardian, the sustainable development charity Forum for the Future analyses the carbon footprints of the top 10 global companies, which between them emit the same amount of carbon dioxide a year as the entire UK.
ExxonMobil has the highest emissions in the group, equivalent to the annual discharge
from Saudi Arabia. Sally Uren, director of the organisation's business programme,
writes: "Five of the 10 -
Dr Uren adds: "Carbon is becoming the new currency of business. Those businesses that use it wisely will be rewarded. Those that overspend will, along with their business models, be consigned to history."
The results of Ipsos-
Publication of the climate change bill this month and its subsequent passage through parliament may help raise the awareness of the problem among UK businesses. According to the government support organisation Envirowise just a third of small firms are trying to reduce their environmental impact.
Companies are compared in their own sector of industry. It would be unfair for example, to compare Tesco with Easyjet, with each producing wildly different amounts of CO2. Each business, is therefore compared with its rival competitor, which will also create a spirit of competitiveness, as businesses compete for your cash. Voting with your feet, will provided a clear signal to companies, that consumers do care enough to change and they will need to listen to the consumer if they are to maintain their market position. The benefits to us all are obvious, protection from further climate change which is accelerating global warming, and a more sustainable future for our children.
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