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Carbon Disclosure Project 2011 – Italy 100 Report


All companies, in fact, have several targets applying to different business units or with different time horizons.


When considering the underlying data, absolute targets are marginally more common than intensity targets. 45% (10) of the companies in fact report absolute emissions reduction targets, while 32% (7) report intensity targets (e.g. relative to production volumes, employees or square metres). 5 companies (23%), meanwhile, have defined both absolute and intensity targets.


Targets are most commonly set for the total of Scope 1 and Scope 2 emissions. Targets set by companies are hardly comparable because of different time frames (base year to target year) and perimeter targets. 90% (20) of companies with emissions’ reduction targets set their timeframes over the next five years. Only A2A, Edison and Unicredit have disclosed reduction targets addressing the next ten years to 2020. Both A2A and Edison are driven by regulatory visibility, which allows companies to include emission reduction targets in their strategic plans.


By integrating sustainability in their organization and processes, companies generally identify opportunities to profit from the creation of new sustainable products and services.


In 2010, 15 respondents (71%) claimed that they had goods or services that were designed specifically to help their customers or end consumers reduce their own carbon emissions. This year’s figure is a decrease of 10% compared to 2010. However there was an increase to 22 (61%) in the absolute number of companies reporting development or promotion of goods or services directly enabling customers to avoid or reduce GHG emissions.


Companies from the Utilities, Industrial and Financial sectors are more actively engaged than those in other sectors in developing or promoting such products and services to their customers or end users.


Figure 14: Reduction Targets - Yes Breakdown (%)


23% 32%


45%


Absolute and intensity targets Absolute targets Intensity targets


Figure 15: % of responders indicating that their products and services help third parties to avoid GHG emissions


100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%


No Yes


Figure 16: Product and services - Yes breakdown (%)


29% 20% 39% 35% 10% 61% 71% 5% 5% 2010 2011 Financials


Consumer Discretionary


Energy Industrials 24 20% Materials


Telecomunication Services


Utilities 5%


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