Corporate Climate Reporters Rallying Around GHG Protocol

March 25, 2008 - Under increasing pressure to report on climate management practices, more companies are turning to a standardized framework for publishing emissions data. Well over half (63%) of Fortune 500 corporate responsibility reports released last year align their climate communications with guidelines set out by the Greenhouse Gas (GHG) Protocol, according to a new study from CorporateRegister.com.

The report, which evaluates 2007 non-financial reports from the Global FT500, finds that 87% address climate change "to varying degrees." Some highlights:

  • Of the 63% of climate reporters that align with the GHG Protocol, 45% meet the most rigorous Scope 3 standard, which requires companies to include emissions from sources such as employee travel and product transport.

  • 65% of the reports include a separate section devoted to climate change, and 41% address climate in the CEO's introduction.

  • 78% of the reports provide quantitative data on greenhouse as emissions, of which 40% include both absolute and relative numbers.

  • Just half of the reports include commitments to emissions reduction, with 37% setting specific, measurable targets and 14% opting for broad objectives.

To download the free report, click here.

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