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6. Results of CDP Ireland 2011: ISEQ 40


The number of ISEQ 40 companies reporting Scope 2 emissions reduced from 17 in 2010 to 15 in 2011 however this is due to the slight change in the mix of companies responding in 2011 (one business responded for the first time this year, while two that responded in 2010 did not do so in 2011).


There has been an increase in the number of ISEQ 40 companies reporting their Scope 3 emissions and energy consumption which is a welcome statistic based on the ‘dip’ experienced in 2010. As management increase their focus on climate change, it is interesting to see the increased understanding and ability to obtain relevant information to disclose Scope 3 emissions and energy consumption.


6 of the 19 listed respondents stated that the use of their goods and/or services directly enable GHG emissions to be avoided by a third party. This was most commonly seen through the use of online technology to reduce emissions from printed paper and transport.


Figure 7: ISEQ 40 Respondents - GHG Emissions Accounting


10 12 14 16 18


4 6 8


0 2


89% 89% 79% 17 17 15 17 63% 12 42% 8


2011 2010


Scope 1 Scope 2 Scope 3 Energy Consumption 17 58% 11 89% 89%


Emissions Performance


‘Performance’ evaluates the extent to which respondents perform against plans and targets to reduce their GHG emissions.


What is Being Done? The ISEQ 40 respondents come from a range of industries such as banking, aviation, information technology, consumer goods, media, construction, pharmaceuticals, and betting and gaming. As a result, the actions taken by these companies include various initiatives such as the installation of boiler optimising controls on gas boilers in offices, engaging staff to save energy, and modifying plant and machinery to increase fuel efficiency.


“ For offshore operations our risks continue to include significant rises in sea level and wave height as well as freak weather conditions. These risks are not limited to interrupting or halting production, but could also affect crew changes and planned maintenance and intervention work on the platforms. In addition, financial losses might occur if there is a loss of physical property and if production is halted.” Tullow Oil plc


“ Our work with suppliers to reduce supply chain emissions is an important way of taking advantage of potential opportunities to save costs and cut carbon in our products. We are developing a better understanding of lifecycle emissions from our products through footprinting them, and through collaboration with our suppliers aim to drive emissions reductions to improve the long term sustainability of our supply chain.” Tesco plc


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