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Important Notice


The contents of this report may be used by anyone provided that acknowledgement is given to Carbon Disclosure Project. This does not represent a licence to repackage or resell any of the data reported to CDP and presented in this report. If you intend to do this, you need to obtain express permission from CDP before doing so.


Deloitte and CDP prepared the data and analysis in this report based on responses to the CDP Water Disclosure 2011 information request. Deloitte and CDP do not guarantee the accuracy or completeness of this information. Deloitte and CDP make no representation or warranty, express or implied, and accept no liability of any kind in relation to the report including concerning the fairness, accuracy, or completeness of the information and opinions contained herein. All opinions expressed herein by CDP and/or Deloitte are based on their judgment at the time of this report and are subject to change without notice due to economic, political, industry and company-specific factors. Guest commentaries where included in this report reflect the views of their respective authors.


Deloitte and CDP and their affiliated member firms or companies, or their respective shareholders, members, partners, principals, directors, officers and/or employees, may have a position in the securities discussed herein. The securities mentioned in this document may not be eligible for sale in some states or countries, nor suitable for all types of investors; their value and the income they produce may fluctuate and/or be adversely affected by exchange rates.


‘Deloitte’ refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee,


and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte. com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.


‘Carbon Disclosure Project’ and ‘CDP’ refers to Carbon Disclosure Project, a United Kingdom company limited by guarantee, registered as a United Kingdom charity number 1122330.


© 2011 Carbon Disclosure Project.


Design and production


Production Studios is a Creative, Design and Production Company based in London. We specialise in the creation of communication, marketing and Advertising materials for clients in the retail, leisure, travel, corporate, not-for-profit and charity sectors.


For more information on Production Studios visit www.productionstudios.co.uk


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