PwC / CDP 2013: Path to low carbon business "likely to be littered with awkward compromises and trade offs" on growth, environment and communities
PwC's Jonathan Grant, director, PwC sustainability and climate change and a specialist in climate policy and carbon emissions, comments on the results of the CDP Global 500 Climate Change report 2013 released today.
The report, co-written by PwC and CDP provides the most comprehensive analysis of corporate progress on climate change. The results underline the concerns of a lack of progress on breaking the link between rising emissions and economic growth. Key findings include:
- Total Scope 1 & 2 emissions have fallen, but the largest 50 emitters, which account for 73% of 2013's total, have increased again
- The 50 largest emitters have increased their emissions since 2009, as a slow economic recovery has gathered pace
- Current reporting of indirect emissions in company supply chains is incomplete and does not reveal the full impact of company operations
- 80% of responding companies are providing financial incentives for employees, particularly at board level to drive emissions reductions
Rowena J. MearleyDirector, Global Communications/PRUnited Statesrowena.firstname.lastname@example.org+1 646 313 0937+ 1 347 501 0931