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Alcatel-Lucent named to Carbon Disclosure Projects’ Carbon Performance Leadership Index
By Richard Goode, Director of Sustainability, Alcatel-Lucent
This week, the Carbon Disclosure Project issued its 2011 Europe 300 report, and this year Alcatel-Lucent earned a place in its Carbon Performance Leadership Index. The Carbon Disclosure Project is an independent, not-for-profit organization that has created the largest database of primary corporate climate change information in the world. Representing some 550 investor groups with combined assets of $71 trillion, its mission is to “accelerate solutions to climate change by putting relevant information at the heart of business, policy and investment decisions.”
More than 3,000 organizations voluntarily disclose their carbon emissions to the CDP, and for this report the CDP analyzed disclosures from 271 (90 percent of the FTSEurofirst 300 Index) of the largest European corporations based on market capitalization. The organization provides two scores and a performance band. In addition to being named to the Carbon Performance Leadership Index, Alcatel-Lucent rated placement in the “A” band and its score in the disclosure section improved by 10 percent over last year’s score to 89 out of 100 points.
Because it comes from the most visible carbon and climate change NGO, we consider this a terrific acknowledgement of the strength of Alcatel-Lucent’s climate change and sustainability program. It is particularly gratifying coming on the heels of being named a sector leader in the Dow Jones Sustainability Index in September and earlier this month being ranked fourth worldwide by the Environmental Investment Organization for the comprehensiveness, public reporting and verification of our emissions in our annual Corporate Responsibility report as well as with the CDP.
An Alcatel-Lucent colleague of mine, Joel Pagot, attended the CDP’s launch event in Paris Tuesday afternoon, and he was struck by the growing awareness and attention companies are paying to the issue of climate change and how they impact it. Last year 253 major European corporations made their disclosures available for this particular report, this year the number is 271. Even more encouraging is that, in spite of tougher scoring criteria, average scores for disclosure by the Europe 300 rose. The average disclosure score in 2011 is 71, an increase of 2.5 points from 2010.
Nonetheless, one of the key messages of the CDP is that to effectively combat climate change, we all need to do more, and major corporations can lead the way. At Alcatel-Lucent we have committed to reduce our carbon emissions by 50 percent by 2020 from our 2008 baseline and are well on the way to meeting that goal. By working more sustainably in our own operations and our supply chain we not only reduce our carbon footprint, but we reduce our costs as well, helping to accelerate us on our transformation journey.
- Categories: | Corporate Responsibility, Environment
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