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Carbon Disclosure Project report

The Carbon Disclosure Project has published its latest survey of the FT top 500 companies listed globally. 77% of FT500 companies and a total of 1,300 corporations answered the fifth CDP request in 2007, a large increase on the 45% of FT500 companies and 235 corporations that answered the first request in 2002.

For info: the Carbon Disclosure Project provides a coordinating secretariat and innovative forum for investor and corporate collaboration on climate change. Based on answers to its annual questionnaire, CDP provides the investment community with information about corporations' greenhouse gas emissions and climate change management strategies.

As regards food companies, about 42 per cent of those in the food and drugs retailing sector responding to the survey said they had a CO2 emissions reduction programme in place. About 30 per cent of food manufacturers said they had one. According to the CDP however, the major dairy company appeared Danone seemed to show a lack of concern about the growing regulatory and consumer demand that companies reduce their manufacturing impact on the environment. “Danone replied ‘none’ to questions about regulatory risks associated with
climate change,” according to the CDP.

You can download the report here. To view GHG emissions and trends for the food sector, see p133 of the full report.

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