CDP-FTSE-350-Climate-Change-Report-2012

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• 80% of the CDLI companies already include information
on climate change in their annual reports (non-CDLI:
49%).
Overall, CDLI companies already show a far higher
willingness and transparency around their processes,
achievements and targets. This preparedness will
allow them to respond better to any future regulatory
requirements for emissions reporting.
Risks and Opportunities
CDLI companies are able to better understand the risks
and opportunities presented by climate change and link
these to their strategies and risk management procedures.
On average, CDLI companies scored 77% of disclosure
points for questions related to opportunities (non-CDLI:
42%) and CDLI companies scored 84% of disclosure
points for risks (non-CDLI: 52). Figures 8 and 9 show
how CDLI companies consistently outperform other
companies in identifying regulatory and physical risks and
opportunities.
Integrating Strategy
Leaders are not only reporting the short term impact of
climate change but are equally integrating climate change
into their long-term strategy. 57% of the CDLI recognise
risks with timeframes of more than ten years (non-CDLI:
24%) and 23% of the CDLI recognise opportunities with
timeframes of more than ten years (non-CDLI: 12%).
F6 SECTOR REPRESENTATION IN THE CDLI
• % of CDLI consisting of sector
• % of disclosers in sector
• % of disclosers in sector in CDLI
45
40
35
30
25
20
15
10
5
0%
14
18
Consumer
Discretionary
17
Consumer
Staples
7 6 6
Energy
26
22
Financials
6
3
Health Care
9
21
Industrials
3
Information
Technology
6 6
11
Materials
6
4
Telecommunication
Services
9
3
Utilities
“Longer term (15-20 years)
strategic opportunities are
focused on providing products
and services that enable
adaptation and resilience to the
impacts of climate change.”
Barclays
CDLI companies have already adapted their strategies and
reflect best practice reporting across the board:
• 94% (non-CDLI: 49%) of the CDLI have integrated
climate change into their strategies;
• 97% have monetary incentives (non-CDLI: 35%); and
• 100% have climate change risk management
procedures (non-CDLI: 72%).
74% of CDLI companies believe they currently have a
strategic advantage relating to climate change. Indeed,
the leaders demonstrate their preparedness for climate
change and forward thinking by outperforming average
FTSE 350 respondents in all areas of disclosure: emissions
management, reporting, governance and strategy,
opportunities, risks and stakeholder engagement (see
Figure 10).
F7 PERCENTAGE OF RESPONDING COMPANIES
DISCLOSING OR vERIFYING EMISSIONS
• CDLI
• Non-CDLI
Disclose Scopes 1 + 2
Verify Scope 1
Verify Scope 2
Disclose Scope 3
Verify Scope 3
13%
20%
22%
37%
70%
91%
89%
94%
100%
97%
0 10 20 30 40 50 60 70 80 90 100
Percentage of responding companies