The Carbon Diclosure Project sees an increase in IT product and services firms' response
Computer, Telecom, and IT Services providers make the Climate Disclosure Leadership List.
The Carbon Disclosure Project (CDP), an association 315+ global institutional investors with over $41 trillion in assets, released its 5th annual report on corporate Green House Gas (GHG) Disclosure last week in New York amidst the fan fare of speakers such as Harold Ford the former US President Bill Clinton.
A notable observation in this year’s report was the increase in reply rate from businesses in low carbon sectors such as banks and computer and IT related firms. This group in fact led the pack in the nuance of their responses, frequently citing opportunities to capitalize on going green, with Sun Microsystems going a step further in its well timed launch of its OpenEco.org site — a web community offering tools for businesses to better manage its green house gas (GHG) emissions.
Key observations on the 61 IT product and services firms invited to participate:
- 80% participation rate
- 44% acknowledged a commercial opportunity
- 34% have an emissions reduction program implemented
- 11% made the coveted Climate Disclosure Leadership List — a distinction given to companies that exhibit keen awareness of the risks and opportunities of climate change.
Full report summaries can be found at http://www.cdproject.net/cdp5reports.asp
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