The 2011 Carbon Performance Leadership Index (CDLI)


Table 3: The Nordic 260 CPLI 2011


Company Tieto


Performance


Overall, 83% (118) of responding Nordic 260 companies are included in a performance band compared to 78% in 2010. However, as a consequence of more stringent CPLI entrance criteria on emissions reductions and verification, the number of companies included in the CPLI dropped from five to one.


A lower percentage (18%) of companies achieved high performance (bands A, A- or B) in 2011 than 2010 (31%). This is primarily the result of a change in focus of the performance scoring rather than a change in corporate performance. In 2010, the focus was to measure the extent to which a company had a framework in place to address carbon management. This year, performance focuses more on measuring the quality and status of a company’s short and long term actions to mitigate climate change.


Sector Telecommunications & IT


Disclosure score 96


Three other companies, Rockwool International, SEB and Nokia achieved scores high enough to warrant inclusion in the CPLI but did not meet all other CPLI requirements (see opposite page) and therefore have the performance band ’A-’.


It is important to note that performance improvements take longer to implement and often lag behind improvements in disclosure. As companies measure, they can manage and then begin to improve performance and optimise results. True performance enhancements take longer to achieve and the expectation is that companies’ performance will continue to improve over the coming years.


‘Performance scores provide an indication of the extent to which companies are addressing the potential opportunities and risks presented by climate change.’


37


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