Boost to carbon reporting figures

15 October 2009

16 October 2009

UK companies have "significantly increased" the reporting of emissions released by vendors in their supply chain, according to the Carbon Disclosure Project (CDP).

The not-for-profit organisation's annual review of FTSE-350 fi rms found total "scope three" carbon output - which covers greenhouse gases produced by the supply chain or caused by business travel - reached 2.87 billion tonnes in 2009, 12 per cent more than in the same period last year. The increase is due to a rise in reporting, which is mainly the result of advances in tracking emissions.

UK companies are ahead of their counterparts in Europe. The CDP's report on Europe's 300 largest companies - released at the same time as the FTSE-350 review - said indirect carbon "may be poorly identified", resulting in low disclosure rates.

Among firms leading the way in reporting emissions are National Grid, Royal Dutch Shell and Tesco. The CDP said the standard of emission reporting had increased dramatically over the past four years.

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