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Environmental Research Digest – February 2012

Summary

The survey investigates the ability and willingness of companies to identify their greenhouse gas emissions, to find out how they technically capture emissions, and to clarify the extent to which companies have to meet not only legal requirements for sustainability, but also what demands they meet from partners and customers. The survey compiled responses from nearly 1,000 companies worldwide.

Key Findings

• The survey revealed that 58% of companies surveyed had not heard of the term “carbon accounting,” that less than a quarter could accurately describe what the term means, and that a full 80% of companies surveyed don’t monitor their company’s carbon footprint.
• With Australia introducing the new tax legislation on carbon emissions, and new regulations soon being introduced in California, the momentum behind requiring corporate energy management is well under way.
• A third doesn’t know if their company is under legal obligation to report emissions.
• Although the CEO is the most likely person to be responsible for a company’s green strategy, 50% of companies surveyed don’t have any C-level involvement at all in their carbon accounting initiatives.
• 85% cannot report the level of carbon their company has consumed in each of the last six months.
• More than half think carbon accounting has impacted their business.
• Nearly 70% believe that they accurately account for less than 25% of their company’s carbon consumption.

Author(s)

Epicor Software Corporation

Source

Further details

Tags: carbon accounting, emissions, Epicor Software Corporation, GHG, greenhouse gas emissions