Utilities
Global 500 response rate: Utilities Overall:
Key Industries within the sector: Electric Utilities (13 of 19), Gas Utilities (1 of 2), Multi Utilities (6 of 6).
Largest non-respondents include:
National Thermal Power (NTPC), NextEra Energy, Hong Kong & China Gas
Top disclosure scores Vs. top performance bands 100
Fortum Oyj 95 PG&E Corporation 90 GDF Suez 85 80 75 B
Performance Band A-
Emissions reduction target progress 2
100 75 50 25 0 025 1 2
% of target period completed 50
Number of Utilities companies Disclosure of climate change information in mainstream filings or other external communications
Carbon disclosure breakdown for sector Vs. Global 500 overall and CDLI
100 90 80 70 60 50 40 30 20 10 0
Emissions management
Emissions reporting
Governance & strategy
Opportunities Utilities Overall Global 500 CDLI Risks
Stakeholder engagement
Carbon disclosure score breakdown for Sector versus Global 500 overall and Global 500 CDLI4
Verification of emissions Monetary incentives Board or other senior management oversight Implementation of emissions reduction targets
100 80 60 40 20
Integration of climate change risks or opportunities into overall business strategy 75 100 Progress toward meeting targets
Performance: percentage of respondents that implement best practices
Emissions reduction due to implementation of activities A E.ON AG RWE AG CLP Holdings Endesa ENEL SpA Centrica Scope 3 0 77% (20 of 27)
Emissions disclosure (t CO2-e) Scope 1
1,262,726,728 (100% disclosed)
2,113,822,024 (100% disclosed) 1,749,216,897
Scope 2
23,368,400 (90% disclosed) 49,327,560 (69% disclosed) 127,486,932
487,258,429 (75% disclosed) 766,997,107 (72% disclosed)
247,317,204 1 billion 2011 2010 2009 Opportunities reported
• Limits on air pollution (roadside or in urban areas) and carbon emissions reduction targets could stimulate demand for non- emitting (at point of use) products such as electric vehicles, electric cookers and boilers which will, in turn, increase demand for electricity
• Ageing coal and nuclear power stations could be replaced with renewable energy, new gas and nuclear stations
• Droughts and water shortages may stimulate demand for water related industries such as desalinization and water recycling, which, in turn, would stimulate demand for electricity
Risks reported
• Extreme weather conditions could affect operations (e.g. transmission cables are impacted by higher temperatures and greater electricity use during extreme heat. In addition, generating plant, which are usually in proximity of water, will be most susceptible to storm surges and rises in sea level)
• Increased environmental constraints related to air quality and increased scope of regulation to include additional GHGs (CH4, N2O, HFC, PFC, SF6)
2 billion 3 billion
0% 10%
Utilities All Sectors Global 500 CDLI 20%
30%
Global 500 Overall 40% 50%
60%
Global 500 Telecommunications 70% 80% 90% 100%
% of emissions reduction target achieved
Disclosure Score
Disclosure score range
Governance Risks
Opportunities Strategy and targets Achievements Emissions trading
Emissions reporting parameters
Scopes 1, 2 & 3 reporting (inc. energy use)
Emissions intensity and history
Communications
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