Posted on: 29/09/2016
Carbon Clear have today released their latest Sustainability Report on the FTSE 100. Mike Shirley provides a summary of the key findings.
Carbon Clear have published their annual Sustainability Report on the FTSE 100, showing how well the UK's 100 largest companies measure, report and reduce their carbon emissions and demonstrate sustainability.
The key findings in the report all point to an increasing trend of sustainability in large organisations:
- 99/100 companies report on carbon
- 66/100 report on Scope 3 data, 10 more than 2015
- 47 report scope 3 beyond business travel, 7 more than 2015
- 6 companies set science-based targets – 1 in 2015
- 14 companies offset emissions, 5 are carbon neutral
These are really encouraging results and show continued growth, but what more can be done?
Still only half of the FTSE 100 companies buy renewable electricity which, whilst only part of the solution, can help them reduce their carbon emissions if certificate-backed and clearly allocated against their supply. Many large businesses we work with, including Saint-Gobain UK, JLL, Willmott Dixon and Land Securities, see it as an important part of their sustainability strategy.
Just this week, we've launched the UK's first Energy Label for renewable electricity supply, driven by a demand for transparency from businesses. The label provides customers with clarity on the source and carbon content of their electricity, giving them confidence to share their decision to buy clean power.
We hope that this initiative will increase the uptake of renewable electricity amongst the UK's largest businesses - so hopefully next year's Carbon Clear report shows that even more businesses have chosen to make the switch!