Carbon Disclosure Project 2011 – Iberia Report 125


Industrials and the Utilities sector responded to the 2011 CDP questionnaire. Only two companies in these sectors decided to make their responses not publicly available.


• The carbon disclosure scores and the carbon performance bands reveal that some companies are reaching high levels of transparency and performance. 38% (18) of the responding companies achieved a disclosure score of greater than 70 and reached a carbon performance band of A, A- or B. While 13% (6) of the responding companies scored even higher and achieved a carbon disclosure score greater than 85 and a carbon performance band of A or A-.


• Although the level of emissions verification for the Iberia 125 sample stands out from the rest of regional samples, only 40% of companies that verify their Scope 1 and 2 emissions meet CDP’s new verification criteria.


• Companies in the Iberia 125 sample are taking steps towards a low carbon economy. 96% (46) of companies claim to have integrated climate change into their overall business strategy, and 79% (38) provide products and services that enable the reduction of carbon emissions. In addition, 25 (52%) of respondents reduced their absolute greenhouse gas emissions in the past year.


Figure 5: Key trends indicators1 Board or other senior management oversight of climate change 79% 87% Provide incentives for the management of climate change 56% 53% Have emissions reductions targets 65% 71% Have emissions reductions initiatives 94% 84% Have products and services that enable GHG emissions reductions 79% 72% Identify regulatory risks linked to climate change 85% 81% Identify regulatory opportunities linked to climate change 88% 84% Externally verify their emissions (scope 1) 77% 69% Externally verify their emissions (scope 2) 73% 0% 10% 20%


2011 (Iberia 125) 2010 (Spain 85)


30% 40% 50%


63% 60%


70% 80% 90% 100%


1 The percentage of total of responding companies. Please note that between 2010 and 2011 the sample size increased from 85 to 125 companies.


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