Media tech companies make CDP Climate A-List
CDP, an organisation that helps companies and organisations, publish their environmental impacts has announced its annual Climate A List
CDP, formerly the Carbon Disclosure Project, has published its 2016 climate change report entitled, "Out of the starting blocks: Tracking progress on corporate climate action" and, with it, CDP's annual "Climate A-List" of companies the organisation says are ahead of the curve in transitioning to zero carbon energy.
The organisation's website said of the report: "85% of the 1089 companies that disclosed data for this report have already set targets for emissions reduction. This is a significant improvement on previous years. In this report we have recorded existing targets and analysed their potential impact in helping to limit global warming to 2?. Over the next five years, we will continue to track these companies to see how they perform and whether any further targets are made."
CDP operates a global disclosure system that allows companies, cities, states and regions to measure and manage their environmental impacts and makes that data available to investors, other companies and policy makers. The organisation has regional offices and sponsors in 50 countries.
CDP measures a company’s progress towards leadership on environmental stewardship using a step-wise approach. A company goes through four main steps starting with disclosure of their current position, moving to awareness which looks at whether a company is conscious of its environmental impact, to management of its impace, and finally leadership, which is a measure whether a company is implementing best practices in this environmental realm.
Each question on the CDP questionnaire provides information on each one of these levels, as described in the scoring methodology. Once all of the questions have been scored, CDP calculates a final letter score.
According to the organisation: "CDP’s climate change questionnaire covers areas such as how a company assigns responsibility for climate change risk and how it is integrated into the business strategy, emissions reduction and renewable energy targets, the company’s awareness of climate change risk and opportunity and emissions reporting and verification. We use a universal scoring approach applied across all companies, sectors, and geographies facilitating comparisons and a broad picture of preparedness for climate change."
The CDP Climate A List relies on companies’ self-reported data. Companies responding to CDP do so at the request of their investors. Many companies use independent verification services.
"The top ranking companies in this arena are demonstrating that full and clear disclosure of GHG emissions is possible and even beneficial to business," said a CDP representative. "Verification is an important aspect of our scoring and in order to be eligible for the A-list, scope one and scope two emissions data must be verified.
The media companies and media tech providers appearing on this year's Climate A-List are:
- Accenture, Ireland
- Apple Inc., USA
- Autodesk, Inc., USA
- Bouygues, France
- Canon Inc., Japan
- Cisco Systems, Inc., USA
- EMC Corporation, USA
- Hewlett-Packard, USA
- Konica Minolta, Inc., Japan
- LG Display, South Korea
- Microsoft Corporation, USA
- Samsung Electronics, South Korea
- Sky plc, UK
- Sony Corporation, Japan
You can download "Out of the starting blocks: Tracking progress on corporate climate action" here.
According to PwC (Pricewaterhouse Coopers) four out of five investors consider sustainability issues to be relevant. They also noted that investors also wanted better common standards for measuring a company's sustainability efforts and better information on the business implications and results of sustainable business practice.