Firms were today urged to take time to ensure they already have an accurate idea of their carbon footprint before setting any emission reduction targets.
The recommendation is made in a new best practice guide for carbon management, developed by the Carbon Disclosure Project (CDP) and IT giant IBM, which argues that firms keen to reduce carbon emissions need to adopt a “properly formulated” carbon strategy built around clear targets.
The report is based on research into the carbon management strategies undertaken at a number of high profile firms signed up to the CDP’s initiative to promote corporate reporting of carbon emissions, including HBOS, Lloyds TSB, Scottish and Southern Energy, Tesco and Unilever.
It advises that the best practices revealed from these organisations suggest firms should undertake substantial ground work before adopting a carbon management strategy. In particular, it claims that “monitoring and measuring carbon emissions is important before reduction commitments are made”, as it allows managers to identify areas for improvement and set more accurate targets. Read more
Source: Business Green
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