Carbon Disclosure Project 2011 – Global 500 Report


of respondents confirming that this reduction was of at least 2.65%. This is an increase since 2010 when only 19% (75) of companies with reduced Scope 1 and 2 emissions attributed them to emissions reduction activities. This may result from the application of experience and knowledge, with earlier less- effective emissions reduction activities being replaced by more cost-effective activities that have a greater impact.


The CDLI and CPLI companies have engaged in emissions reduction activities to a much greater degree than the other Global 500 companies, with a marked increase from 2010. 73% (38) of the CDLI and 100% (29) of the CPLI companies in 2011 report that they have active projects in the reporting year compared to only 45% (24) of the CDLI and 52% (25) of the CPLI in 2010.


As in 2010, energy efficiency (building services and processes), low carbon energy installation and behavioral change are the most commonly identified activity types. A total of 1,780 emissions reduction activities were reported in the CDP 2011 information request, of which 1,402 specified a payback period. These were reported by 97% (384) of respondents. This is an average of five emissions reduction activities per company. Repsol YPF reported the largest number of activities with 59, while Westfield Group reported 24 and Apache Corporation and Boeing Company each reported 20.


After energy efficiency activities (94%, 371) and low carbon energy installation activities (23%, 91), behavioral change is the third most popular type of activity being carried out by the Global 500. 22% (87) of respondents cite behavioral change as one of the methods in which they are engaging to reduce emissions. Figure 12 suggests that the popularity of these activities may relate to their short payback periods, with 60% of


16


Figure 12: Payback period breakdown of reported active emissions reduction initiatives by activity type


0 20 Behavioral change 68 22 24 38


Energy efficiency: building fabric 8


28 49 25


Energy efficiency: building services 55


122 119 53 Energy efficiency: processes 55 83 72


Fugitive emissions reductions 9


10 7


18 26


Low carbon energy installation 5


22 26


Low carbon energy purchase 23


11 23 29 Other 19 42 32 57


Process emissions reductions 17


19 43 22


Product design 7


14 19 10


Transportation: fleet 34


16 41 20


Transportation: use 29


21 13 20 ■ <1 year ■ 1-3 years ■ >3 years ■ No payback Total number of companies 55 75 33 42 62 53 91 106 151 175 155 65 87 40 60 80


Number of Initiatives 100


120 140 160 180 200


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