Emissions reporting inconsistent says report
Corporate Reporting Greenhouse Gas Emissions Reporting 2008, shows staggering inconsistencies in how FT 500 companies calculate and verify their greenhouse gas emissions. The report by The Ethical Corporate Institute reveals that companies responding to the fifth annual Carbon Disclosure Project questionnaire are using a total of 34 different public protocols or guidelines to report on their emissions.
Interviews conducted with stakeholders show that there’s an increasing demand for intra-industry sector standardisation of corporate emissions reporting.
Investors in particular note the need to report corporate emissions performance in relation to corporate growth and financials, and for companies to use emissions intensity metrics appropriate for the nature of their operations.
The report focuses on the emissions reduction targets set by different corporations. Detailed accounts of exactly how individual corporations report their emissions intensity and their emission reduction targets are given in the appendix for the report.
For further information, please see www.ethicalcorporationinstitute.com
