Trends in SA carbon reporting
Submitted by: Amanda Botes, Wednesday, February 1, 2012
Since the introduction of the Carbon Disclosure Project (CDP) in South Africa in 2007, there has been an increase in the number of companies in South Africa reporting on their carbon emissions. The CDP is a global project that collates carbon emissions information from selected companies on a voluntary basis. In South Africa the companies listed on the JSE 100 are requested to take part in the CDP.
The CDP SA JSE 100 has seen an increased response rate from just 59% of the top 100 JSE companies reporting in 2008 to 83% in 2011.
South Africa has the second highest response rate out of the global groups that report to the CDP, after the Europe 300 list and ahead of the Global 500 and FTSE –All World 800.
South Africa compares favourably with the developing BRICS countries, represented by Brazil, Russia, India and China in the percentage of companies responding to the CDP.
It is important to note that these are merely response rates and do not measure the performance of companies in reducing their emissions. However, as this is a voluntary project it is encouraging that SA companies are seeing value in calculating and disclosing their carbon emissions information. It also provides a starting point for reductions to be made.
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