Two-Thirds of World's Biggest Businesses Now Put Climate Change at Heart of Strategy

The Carbon Disclosure Project has released its latest report on the what the world's largest public corporations are doing to reduce carbon emissions and report them. Accelerating Low Carbon Growth looked at the carbon disclosure from 396 companies and finds that 68% of them "have climate change at the heart of business strategies." That's up from 48% in 2010.Read more, from the Carbon Disclosure Project's press statement on the report, or some analysis from Think Progress or The Guardian.

But more interesting than those is an interview with CDP's head Paul Simpson with China Dialogue.

Companies Moving Beyond A Piecemeal Approach to Climate
On the significance of this year's report, Simpson says,

For the first time in our 10-year history, the majority of responding firms have climate-change actions embedded in their business strategy. Historically we've seen a lot of companies start to take actions on climate change but do that very much with a piecemeal approach, or through a small CSR team that means two people in a corner of a 100,000-person organization. But increasingly the big companies are integrating this into their core business strategy - the board is becoming responsible for climate change, and it's seen as a serious business issue.

It's really a good interview, with Simpson discussing why there's less transparency with Asian businesses, Apple's supply chain in China, and how companies are increasingly understanding the importance of greenhouse gas emissions and energy usage. So check it out at the link above.

Here's the report: CDP Global 500 Report 2011: Accelerating Low Carbon Growth [PDF]

More on Global Climate Change
Carbon Emissions Reporting Where It Belongs: With Global Financial Accountants
S&P; 500 Fare Poorly on Climate Risk Disclosure

Tags: Carbon Emissions | Global Climate Change

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