Friday, 26 September 2008

CDP6 Responses

The Carbon Disclosure Project (CDP) has started to produce its analysis of the responses to its latest annual survey. Responses were due at the end of May and the results are published in a number of reports from September onwards.

Requests for response to the survey are sent out to companies around the world based on their presence on lists such as the FTSE Global 500, S&P 500 and local country equivalents - 1,550 companies provided some response this year. The questionnaire asks about views on the impact and opportunity of global warming, specifics around energy use and greenhouse gas emissions, forecasts and reduction targets. (See previous blogs for more information).

Anyway, the first reports have come out, covering the Global 500 and S&P (US) 500. Both have some coverage by industry sector, including Technology, Media and Telecoms. For the Global 500, CDP reports that "TMT (Technology, Media and Telecoms) companies are broadly in line with the Global 500 overall in terms of disclosure – they are slightly less likely than average to include emissions in their annual report, to disclose Scope 1 or Scope 2 emissions to CDP and to set targets, but slightly more likely than average to verify and forecast emissions. In terms of response quality the TMT sector is almost exactly in line with non-intensive (emissions) sectors overall".

The S&P 500 report, covering the US, was less favourable. CDP reported that "Overall, Technology, Media, and Telecommunications respondents perform below average on five key areas of disclosure". These areas were; including climate change issues in annual reports, disclosing greenhouse gas emissions, verifying emissions, disclosing emissions targets and disclosing emissions forecasts.

There are quite a range of companies in these reports and I hope to provide a more succinct analysis with my own interpretation in a later post. For now, though, it's worth reflecting on some of the companies that did and did not respond. It's clearly essential that companies report their emissions and targets (and views on climate change) in a standard format that can be published if they want to be seen as credible in their efforts to come to grips with climate change. And yet many still do not.

A quick look at the response that the CDP has defined as from the Software and Services sector shows that Autonomy, SAP, HCL, Micro Focus and Novell did not respond. Steria declined to participate and Autodesk, BMC, Compuware and Software AG answered the survey but requested that the information not be made public, which defeats the object somewhat.

Those that did respond (although the level of detail provided may vary) included Adobe, CA, Citrix, Google, Microsoft, Oracle, Sage and Yahoo.

© The Green IT Review

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