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

26
CPLI
T3 THE CDP FTSE 350 CPLI 2012
Disclosure
Sector Company
Consumer Discretionary Marks & Spencer 81 A No
Consumer Staples Diageo 98 A Yes
The criteria to enter the CPLI was more stringent in 2012:
companies had to obtain a performance score above
85, achieve at least a 3% reduction in carbon emissions
as a result of emissions reduction activities over the last
year and disclose and verify Scope 1 and 2 emissions.
All companies in the 2012 CPLI are new to the index,
however six of the seven are also in the CDLI.
In addition to showing high levels of disclosure, companies
are showing leadership by implementing actions. Figure
11 shows how CPLI companies are strongly outperforming
non-CPLI companies in a number of areas.
CPLI companies are already, without exception, disclosing
details of their greenhouse gas emissions in public
reports, with the vast majority (86%) choosing to put
this information in their annual reports. The leaders are
therefore well placed to adapt to the Government’s new
reporting requirements without significantly needing
to modify their business processes. In addition, in
Score 2012
Performance
Band
Also in the
CDLI?
Reckitt Benckiser 93 A Yes
Unilever 84 A Yes
Industrials Morgan Crucible 86 A Yes
Materials Anglo American 94 A Yes
Mondi 88 A Yes
accordance with the CPLI entry requirements, 100%
of the CPLI verify both their Scope 1 & 2 emissions
(non-CPLI: 32%).
F11 PERFORMANCE COMPARISON BETWEEN CPLI AND NON-CPLI COMPANIES
• CPLI • All
• Non-CPLI
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
100%
97%
97%
Higher Level
governance
100%
55%
Integrated
strategy
56%
100%
57%
45%
Monetary
incentives
100%
67%
66%
Implementation
of emissions
reduction targets
All CPLI companies are setting absolute and intensity
targets to monitor progress: 57% of CPLI companies have
absolute targets (non-CPLI: 32%) and 71% have intensity
targets (non-CPLI: 36%). CPLI companies are not only
setting and disclosing targets but, importantly, are working
towards meeting them. CPLI companies are meeting their
targets faster than the non-CPLI respondents: 86% of
CPLI companies have met or are ahead of their targets
(non-CPLI: 43%).
By already integrating climate change into their
mainstream business processes, the vast majority of
leading companies are ideally placed to meet future
reporting requirements and are at the forefront of driving
the change in the business as usual approach to adapting
to a sustainable future.
88%
43%
Progress
meeting
targets
61%
100%
53%
54%
Emissions
reductions from
initiatives
86%
53%
54%
Report Climate
Change in annual
reports
100%
32%
31%
Verification or
assurance