Curt Rosengren ~ Passion Catalyst TM
"Love your work. Change your world."
A recent report shows that the largest companies are paying increasingly more attention to their energy use and carbon emissions.
The world's biggest companies are making climate change a higher priority, in part through more widespread disclosure of carbon emissions, according to an annual report released Monday by a nonprofit group.
The report from Carbon Disclosure Project tracked how companies plan to deal with the risks and opportunities associated with greenhouse gas emissions and energy use.
"The big thing this year is the huge increase in the level of seriousness with which climate change is being incorporated into the corporate strategy of companies," said Carbon Disclosure Project (CDP) Chief Executive Paul Dickinson.
Not so surprisingly, the more they're addressing the issue, the more they seem to be willing to talk about it...
Among the 500 companies ranked by the Financial Times newspaper as the world's largest by market capitalization, 75 percent responded to this year's survey, up from 47 percent when the survey started four years ago.
The response rate by companies in North America rose in all industry sectors, and nine of 10 sectors had a response rate of more than 50 percent. The increased willingness by companies to disclose their carbon emissions and find ways to reduce them reflects the changing political and regulatory landscape over energy efficiency.
Of the companies that responded, 76 percent implemented programs to reduce greenhouse gas emissions, compared with 48 percent last year.