14th June 2017: ET Index Research and Fossil Free Indexes Collaborate to Provide Indexes and Enhanced Analytics for Investors Concerned about Climate Risks.
ET Index Research (ETIR), producers of the ET Carbon Rankings, which publicly score the largest listed companies according to their greenhouse gas emissions, and corresponding ET Low Carbon and ET Fossil Free Low Carbon Index Series, and FFI, creators of The Carbon Underground 200TM, an internationally-recognized ranking of the top 200 global publicly-traded fossil fuel holders, today announced a collaboration that will incorporate FFI’s research into ETIR’s product offerings. ETIR will now utilize The Carbon Underground 200 and data from FFI’s universe of over 600 global, publicly-traded reserve-owning companies as a fossil fuel screen for its index solutions.
ETIR will also incorporate FFI’s reserves-based emissions research into its ET Portfolio Analytics solution, which helps investors understand the carbon risks embedded in their portfolios.
ETIR CEO, Sam Gill, observed: “Incorporating FFI’s reserves-based emissions data into our offerings allows us to provide a more robust set of carbon exposure analysis tools to our clients, and aligns our definition of fossil free with that of the Divest Invest community.”
Christopher Ito, FFI CEO, added: “We’re excited about this partnership and about the synergies between our two firms. Sam and his team have developed a unique approach to customizing low-carbon index strategies and we look forward to exploring other ways we can work together to enhance our clients’ ability to understand and manage their exposure to climate risks.”
About ET Index Research
ET Index Research provides investors with corporate carbon emissions data, portfolio carbon analytics in-line with FSB Task Force Recommendations, as well as low carbon and fossil free low carbon indexes.
These indexes can be used as a benchmark for fund managers who want an objective comparison for their performance. They can also form the basis of investment strategies or products (like Exchange Traded Funds) that diversify investment across the market while reducing exposure to carbon.
The ET Low Carbon Index Series is underpinned by the public and transparent ET Carbon Rankings – in combination, this is designed to reduce carbon exposure for investors and act as an engagement tool to encourage constituent companies to lower emissions.
For more information, visit http://www.etindex.com.
FFI delivers research, benchmarks, and tools to investors who wish to understand, measure, and act on the risks associated with climate change in their portfolios. Our rankings, The Carbon Underground 200TM and The Carbon Underground Tar Sands 20TM, serve as the basis for ESG/SRI index products, portfolios, funds, and managed accounts for individual investors, institutional asset owners, investment advisors, and asset managers.
Sam Gill, Chief Executive Officer
Lucy Di Rosa, Director of Communications
December 2016 Round-Up: 2016 ET Carbon Rankings Report Media Coverage
The 2016 ET Carbon Rankings Report findings were covered by the following media organisations and journalists:
- Bloomberg: “Trump Can’t Put Low Carbon ‘Genie Back in the Bottle’: Former U.K. Energy Secretary“
- Responsible Investor: “Ex-UK Climate Change Secretary Chris Huhne on reducing investors’ carbon risk“
- The Actuary: “Largest companies can save as much CO2 as Japan emits in a year“
- Edie.net: “Energy efficiency: ‘Champions and dunces’ exist in every industry“
- Business Green: “Avoiding carbon risk already better for the pocket, ranking reveals“
- Blue & Green: “ET Index Underlines Advantages Of Investing In Carbon-Efficient Companies“
- Blue & Green: “Index Investing and Its Implications For Reducing Carbon Risk“
- Energy Live News: “World’s Largest Firms Could Save Equivalent of Japan’s Emissions“
- Building Construction Design: “Barratt Developments receives top industry recognition for sustainability“
- Handelsblatt: “World’s Largest Companies Make CO2 Gains“
- Les Echos.fr: “Un nouvel outil pour distinguer l’efficacité carbone des entreprises“
- Novethic: “Les Grandes Entreprises Qui Améliorent Leur Intensité Carbone Surperforment”
6th December 2016: RI Interview: Ex-UK Climate Change Secretary Chris Huhne on reducing investors’ carbon risk
by Responsible Investor
Earlier this year, Chris Huhne, the UK’s former Secretary of State for Energy and Climate Change, joined climate and carbon consultancy ET Index Research as co-chair. He tells RI that he was motivated to get involved as it demonstrates that there is potential to combine investment outperformance with doing good in terms of carbon emissions and a solution to global problems.
He speaks of a clear “first mover advantage” for investors to take advantage of the market mispricing of carbon risk. Click here to read the full article (subscription may be required).
5th December 2016: World’s largest companies can save as much CO2 as Japan emits in a year by achieving standard levels of carbon-efficiency
Investing in carbon-efficient companies pays off and drives decarbonisation
Global leaders in carbon reporting have the potential to save the equivalent of Japan’s annual CO2 emissions by achieving standard levels of carbon-efficiency for their sector, ET Index Research reveals in a report launched today.
Nearly half of the world’s 800 largest listed companies have disclosed their emissions, and have improved their carbon efficiency by 15% in the last year, but there are huge variations in performance. If the dirtiest 50% of disclosers achieved just mid-range carbon intensity for their sector they could save 1.4 billion tonnes of CO2, as much as Japan emits in a year.
The 2016 ET Carbon Rankings report demonstrates that investors can help drive decarbonisation of the economy and make money by switching investment to favour companies with above-average levels of carbon efficiency. It reveals that out of the world’s 2,000 biggest companies, the 1,000 least carbon-intensive have outperformed the 1,000 most carbon-intensive over the last five years.
Chris Huhne, former UK Secretary of State for Energy and Climate Change and Co-chair of ET Index Research, said: “Sector by sector there are champions and dunces. Some companies can be over 100 times less carbon intensive than others in the very same industry. Backing the champions makes sense because carbon-efficient companies have outperformed the market average over the last five years.”
James Cameron, former chairman of Climate Change Capital, and Co-chair of ET Index Research, said: “The Paris Climate Agreement has committed us to keeping climate change well below 2°C and this will require a rapid transition to net zero emissions across all sectors of the economy. Proper allocation of capital is key to a smooth transition and the ET Carbon Rankings provide a methodology that is transparent and comprehensive, enabling companies and investors to identify, understand and manage their emissions in a systematic way.”
The ET Global Carbon Rankings are the most comprehensive public analysis of the world’s largest listed companies by their carbon efficiency – the amount of carbon they emit for every million dollars of revenue they generate.
Carbon disclosure leaders have saved equivalent of Turkey’s annual emissions
Out of the world’s 800 largest listed companies just 363 have fully disclosed their direct emissions from their operations and the electricity they use (Scope 1 and 2). These disclosers have increased their carbon efficiency by an average 15% from 2015 to 2016, saving 360 million tonnes of CO2, equivalent to the annual emissions of Turkey.
However, there is a huge range of carbon efficiency even within the same industry. Petronas Chemicals Group, in Malaysia, emits 13,961 tonnes of CO2 for every million dollars of revenue, making it 51 times less carbon-efficient than the median average (mid-range) for the Chemicals industry, and 481 times less than the industry leader, the UK’s Johnson Matthey.
Electric Power Development of Japan emits 8,127 tonnes of CO2 per million dollars revenue, making it 16 times less carbon-efficient than the median average for the Electric Utilities industry and 133 times less than the best performer, Italy’s Terna Rete Eletrrica Nazionale.
Just 27 companies could save 1.2 billion tonnes of CO2 if they achieved the median carbon intensity in their industries: Electric Utilities; Oil and Gas Exploration and Production; Construction Materials; Chemicals; and Real Estate Owners, Developers and Investment Trusts.
Within the whole group of 363 disclosers, if the least carbon-efficient 50% achieved median carbon intensity for their sector, they would save 1.4 billion tonnes of CO2 a year. If non-disclosing companies took similar action potential savings would be far higher even if it was only limited to Scope 1 and 2 emissions under their direct control.
Ranking the world’s 2,000 largest listed companies by carbon-efficiency
The ET Carbon Rankings Universe measures the carbon efficiency of the world’s 2,000 largest listed companies, which account for $45 trillion in market capitalisation – 85% of world stock market value – and more direct emissions than the US, Canada and EU put together. They are the only public rankings to go beyond Scope 1 and 2 emissions to assess emissions from companies’ value chains – from transporting raw materials to the use of their products.
Sam Gill, Co-founder and CEO of ET Index Research, said: “Scope 3 emissions are vital in understanding the full extent of a company’s exposure to carbon risk because they usually account for by far the largest part of its carbon footprint. For example, Honda’s carbon intensity is 43 times higher when you consider consumer use of its vehicles and other Scope 3 emissions. It is virtually impossible to imagine a scenario in which carbon-intensive companies, across the entire value chain, are not penalised after the Paris Agreement.”
Computer software company Oracle is the world’s most carbon-efficient company, producing just 34 tonnes of carbon across Scopes 1, 2 and 3 for every $1 million of revenue. It is followed by two more US companies, biotechnology company Biogen at 40 tonnes, and software company Adobe Systems at 41 tonnes.
Carbon-efficient companies outperform
The ET Carbon Rankings reward companies that achieve greater than median carbon efficiency within their sector and industry. The ET Low Carbon Index Series, which is based on the ET Carbon Rankings, tracks conventional market indexes but weights investment towards the 50% of companies that are less carbon-intensive and away from the 50% that are more carbon-intensive.
The ET Global 800 Low-Carbon Transition Index tracks the world’s 800 biggest companies, but reduces carbon exposure by 75%. It has outperformed a conventional market capitalisation index tracking the same companies by 1.78% a year over the last five years to October 2016.
The ET Global Carbon Risk Factor, available on Bloomberg, shows that a basket of the 2,000 largest listed companies weighted to favour more carbon-efficient companies has outperformed a conventional, non-carbon-weighted basket by 9% over five years.
Carbon risk has become a mainstream investor concern following the Paris Climate Agreement, which commits countries to keeping global temperature rises well below 2°C. A task force set up by the international Financial Stability Board is due to make recommendations this month on how companies should report on the potential impact of climate change on their bottom line.
Isabelle Rucart, EMEA Head of Sustainable ETFs & Index Investments at BlackRock, said: “As stated in the recent BlackRock Investment Institute paper “Adapting portfolios to climate change”, we think that incorporating climate considerations in the investment process should and can be a fiduciary duty. On top of this, low carbon indexes have the potential to perform in line with or better than parent indexes.”
Jon Williams, Partner, Sustainability and Climate Change, at PwC, said: “It is quite clear that the low carbon transition is underway, with carbon intensity falling 2.8% globally in 2015. As a result, investors will be increasingly asking companies to disclose the risks and opportunities arising from climate change. This will include scope 1,2 and 3 emissions, and increasingly the wider financial impacts of climate change, such as the impact on asset valuations, investments, disposals and earnings.”
The ET Carbon Rankings are based on publicly disclosed data, reviewed by each company and overseen by an independent quality assurance panel. Where companies report incomplete information ET Index applies the highest reported emissions figure from any company in the same sector. This is intended to penalise non-disclosure and provide an incentive to disclose.
December 2016: Long-Term Matters: Carbon footprint envy
by Raj Thamotheram
Carbon footprinting: the Montreal Pledge with $10trn (€9trn); and portfolio carbon management – the Portfolio Decarbonisation Coalition with $10bn – is all the rage. As a judge of the IPE Awards, I see this increasingly mentioned in nominations. An explosion of providers and events promise to turn investors into low-carbon heroes. Even campaigners use it to benchmark managers. What will it deliver? Click here to read the full article.
5th November 2016: Exclusive Interview with Pekka Piirainen, ET Index Research
by Blue & Green Tomorrow
What is ET Index Research?
ET Index Research is working to accelerate the low-carbon economic transition, redirecting capital from high-carbon to low-carbon companies. We are a low-carbon investment solutions provider helping our clients identify, understand and manage carbon risk. We help investors reduce the risks associated with climate change in their investments…Click here to read the full article.
8th August 2016: ET Index Research raises £1.13 million to bring its low carbon index series and carbon risk management tools to market
London, UK. Level39-based ET Index Research, a firm which specialises in low carbon investment strategies and carbon risk management tools, has raised a £1.13 million seed round from angel and family office investors. This follows a previous small funding round after participation in the EU’s flagship climate change accelerator, Climate KIC, at the beginning of 2015.
ET Index Research helps institutional investors and family offices manage the transition to a low carbon economy. It does this through a suite of risk management tools that help investors identify, understand, and manage their exposure to climate and carbon related financial risks across asset classes.
For the growing number of investors who seek to position themselves on the right side of the transition to a low carbon economy, ET Index Research offers a suite of low carbon and fossil free index tracker products that help reduce exposure to high-carbon companies while tracking the market.
Each year, ET Index Research publishes the ET Carbon Index, which ranks the world’s largest listed companies by their carbon emissions. Each company’s ET Carbon Rank is used to determine the weightings of the companies within a series of global, broad-market low carbon and fossil free indexes. Investors use these indexes to build bespoke investment strategies and to benchmark the performance of their existing strategies.
The ET Low Carbon Index Series is the only low carbon index offering on the market to be underpinned by a public, fully transparent ranking of companies.
The Paris COP21 Climate Agreement signaled the beginning of a global decarbonisation trajectory. As we head towards COP22 in Marrakech more and more investors see their exposure to climate and carbon risk as the pre-eminent risk management issue of the 21st Century.
ET Index Research CEO, Sam Gill, commented: “3The additional funding we have raised will support the launch of some exciting new investor tools to identify, understand and manage their climate and carbon risk exposure. Notably, investors in France are now required to publicly disclose how they are managing the transition to the low carbon economy, and with Mark Carney and Michael Bloomberg’s Task Force on Climate-related Financial Disclosures set to publish global guidelines for investors early next year, we expect an ever increasing number of investors around the world to act on this issue.”
James Cameron, Co-Chair of ET Index Research commented: “ET Index Research and its investors are in a position to demonstrate how capital can be systematically allocated away from the increasing risk being caused by climate change. By using the language of the financial markets and understanding the incentives and practices of the current system, big changes can be made to that system, and reinforced by the data, analysis, products and services offered by ET Index.”
Chris Huhne, Co-Chair of ET Index Research, added: “This successful fund-raising for ET Index Research puts the company on course to roll out its unique carbon risk factor analysis for equity and bond market investors together with outstanding tools for low-carbon index investing. Their unified approach to carbon risk helps push the world towards a more sustainable financial system, underpinned by clean energy. With ET Index Research, savvy investors can make money while doing good.”
10th June 2015: Latest set of ET Carbon Rankings score stock market according to carbon emissions
ET Index Research today published its latest set of ET Carbon Rankings scoring the world’s largest listed companies according to their publicly disclosed greenhouse gas emissions data. This carries on the work of the Environmental Investment Organisation (EIO), that up until 2014 had been the host of the Rankings.
The full suite of public Carbon Rankings covers approximately 1,300 companies and features the Global 800, North America 300, Europe 300, Asia-Pacific 300, BRICS 300, US 250 and UK 100. The rankings can be viewed here and the accompanying reports analysing the data can be viewed here.
Sam Gill, CEO of ET Index Research, commented “The rankings are intended to provide investors as well as the general public with a public platform through which to engage with companies to improve transparency and lower corporate carbon emissions. They are designed specifically to provide each and every constituent with an incentive to improve transparency and lower emissions.”
The Rankings form the basis of a series of investable low-carbon indexes which will be launched later in the year. This approach of linking indexes to public rankings is the embodiment of engagement. Since all companies are publicly ranked it provides an open platform for ET investors to monitor progress in a transparent way and demand that companies lower emissions. For companies, the only way to move up the ranking is to lower emissions and to encourage the companies within their supply chains to do the same, in turn gaining a greater weighting in the index and therefore a greater share of investment from those tracking the index.
In support of the UN PRI Montreal Pledge, ET Index Research is offering institutional investors the chance to calculate the portfolio carbon footprint of up to three portfolios free of charge until December 2015. For more information please contact December 2015. For more information please contact email@example.com.
Tech City News – Tech startup ET Index Research secures £1.13m in seed funding
by Yessi Bello Perez
ET Index Research, which speciliases in low carbon investment strategies and risk management tools, has raised £1.13m in seed funding… click here to read full article.
Business Insider – The 24 best companies to invest in if you care about not destroying earth
by Oscar Williams-Grut
London-based startup ET Index is trying to encourage “green” investment by providing investors with carbon emission data and tracking, both for portfolios and individual companies… click here to read full article.
Business Green – ET Index raises £1.13m for climate risk investor tools
by Jocelyn Timperley
Funding will be used to rollout new tools to help investors manage their exposure to climate and carbon risk. Low carbon investment tracker ET Index Research has raised £1.13m from angel and family office investors in seed funding, the firm announced on Monday. ET Index produces the yearly ET Low Carbon Index…… click here to read full article.
Business Insider – The 24 best companies to invest in if you care about not destroying earth
by Oscar Williams-Grut
London-based startup ET Index is trying to encourage “green” investment by providing investors with carbon emission data and tracking, both for portfolios and individual companies… click here to read full article.
BusinessGreen – Al Gore slams ‘mass delusion’ fuelling global carbon bubble
by James Murray
Al Gore has launched a stinging critique of the investment strategy of the fossil fuel industry and those firms ploughing capital into carbon intensive assets, warning valuations placed on many of the world’s largest energy companies are benefiting from an ‘absurd’ delusion about the viability of their reserves… click here to read full article.
Salt – Environmental Tracking: Could it transform the world economy?
by Sam Gill
Investing in carbon-intensive companies is acknowledged to be both ethically and financially risky. As Carbon Tracker helpfully highlighted, the risk of a multi-trillion dollar ‘carbon bubble’ in the financial markets is real, over four-fifths of current known fossil fuel reserves will need to stay underground to prevent temperature rises going beyond 2C… click here to read full article.
Blue & Green Tomorrow – Carbon Context: why momentum is building whatever comes out of Paris COP21
by Sam Gill
2014 saw carbon risk move ever higher up the agenda for investors with the launch of the Montreal Pledge by the United Nations backed Principles for Responsible Investment… click here to read full article.
Tech City News – Can London become the cleantech capital of the world?
by Sam Gill
There is some dispute about what exactly we mean by cleantech, perhaps because it encompasses areas as diverse as the hard engineering of renewable solutions, recycling services and cleanweb digital tech… click here to read full article.
FT Pensions Week – Encouraging trustees to embrace sustainability
by Meike Wijers
News analysis: Industry experts are coming up with inventive ways to help schemes allocate more of their assets towards sustainable and responsible investments, but pension funds are lagging behind… click here to read full article.
Blue & Green Tomorrow – Fiduciary responsibility in the context of a global emergency
by Sam Gill
Fiduciary responsibility, in investment parlance, means acting in the best interests of the person whose money is being managed. Since we are typically talking about a person’s retirement savings, this is usually understood to mean the fiduciary doing their best to achieve a reasonable rate of return on investment… click here to read full article.
Blue & Green Tomorrow – Environmental Tracking: A practical solution to climate change?
by Sam Gill
Bill McKibben has done something that at one point it seemed inconceivable the environmental movement would ever do again. He has revived and reframed the climate change conversation into something clear, tangible and unavoidably urgent. How?… click here to read full article.
Reuters: Most firms get greenhouse gas reports wrong – report
by Nina Chestney
LONDON, May 1 (Reuters) – Most of the world’s largest companies do not report their greenhouse gas emissions fully or correctly and do not have the data independently verified, a study by an environmental research body showed on Wednesday… click here to read full article.
LeMonde.fr / Planete: Climat : les grandes entreprises peu transparentes sur leurs émissions
by Le Monde.fr / AFP
Plus de 60 % des 800 plus grandes entreprises mondiales ne publient pas ou publient de façon insatisfaisante leurs émissions totales de dioxyde de carbone (CO2) et d’autres gaz à effet de serre, selon une étude publiée mercredi 1er mai par l’association britannique Environmental Investment Organisation (EIO)… click here to read full article.
The Climate Group: BT and Dell lead the way on emissions disclosure
LONDON: BT Group ranks in the world’s top ten companies for disclosure of greenhouse gas emissions and Dell is leading the way in North America, despite a majority of the biggest companies lagging behind – as highlighted by new Environmental Investment Organisation (EIO) research… click here to read full article.
Blue & Green Tomorrow: Tapping into the all-powerful financial system to influence investor behaviour
by Alex Blackburne
In the mid-90s, City analyst and fund manager Michael Gill came up with an idea to score companies based on their environmental performance – an environmental tracking index to mimic the FTSE 100… click here to read full article.
Business Day: SA firms top list for disclosing emissions
by Sue Blaine
SOUTH Africa has the highest percentage of top companies that disclose their greenhouse gas emissions out of all Brics members, according to an index of 300 large companies expected to be released on Monday… click here to read full article.
Ends Report: BT, Vodafone top UK carbon reporting league
by Paul Hatchwell
Telecoms giant BT has topped the 100 best UK-listed companies in terms of carbon emissions reduction and transparency in reporting… click here to read full article.
Environmental Data Interactive Exchange: Largest global companies failing to report on greenhouse gas emissions
by Conor McGlone
The level of public disclosure of greenhouse gas emissions among the world’s 800 largest companies is “unacceptably poor”, according to research published today by the Environmental Investment Organisation (EIO)… click here to read full article.
Business Standard: Infy, HCL Tech, Wipro among the greenest in BRICS
by Shine Jacob
Sixty-one per cent of the companies in the five BRICS countries – Brazil, Russia, India, China and South Africa – do not publicly disclose their carbon emission details, according to a survey by Environmental Investment Organisation (EIO), a UK-based climate change and finance think tank… click here to read full article.
Blue & Green Tomorrow: BT tops inaugural UK carbon ranking index
by Alex Blackburne
BT, Vodafone and biopharmaceutical firm Astrazeneca have made it into the top three of a new ranking that grades firms based on their greenhouse gas emissions, relative to their turnover… click here to read full article.
Business Today: Public reporting of carbon emissions by top 800 companies “unacceptably poor”
by David Thorpe
London is leading the world as the only stock exchange that forces all major companies to report on their greenhouse gas emissions in detail, but the rest of the world is lagging behind according to a new survey… click here to read full article.
Yahoo Finance: Sprint Recognized for Carbon Disclosure by the Environmental Investment Organisation
by Business Wire
The Environmental Investment Organisation (EIO) released its 2013 Environmental Tracking (ET) Carbon Rankings this week and named Sprint [NYSE:S] the highest ranking of all companies in the United States and No. 13 globally… click here to read full article.
Ethical Corporation: Sustainability news roundup – June 2013
by Stephen Gardner
Companies still have work to do to ensure that their disclosures on greenhouse gas emissions are comprehensive and credible, an analysis by climate and finance thinktank the Environmental Investment Organisation has found… click here to read full article.
4-traders: LEGRAND : is recognized for the quality of its analysis of greenhouse gas emissions (Scope 3*)
Each year, the think tank EIO (Environmental Investment Organisation) publishes several Environmental Tracking Carbon Rankings which rate companies worldwide according to a series of criteria related to their greenhouse gas emissions and their disclosure on this issue… click here to read full article.
Environmental Leader: Most Firms Don’t Report GHG Emissions, Report Says
Only 37 percent of the world’s largest companies report their greenhouse gas emissions fully and correctly, according to research from the Environmental Investment Organisation… click here to read full article.
Footprint: GHG reporting ‘unacceptably poor’
JUST 37% of the world’s largest 800 companies are reporting complete data on greenhouse gas (GHG) emissions, while even less (21%) have had their data independently verified… click here to read full article.
CleanBiz.Asia: Most big business gets carbon reporting wrong, Asia still trails
by CleanBiz.Asia staff
A majority of the world’s largest companies are either failing to report their greenhouse gas emissions or doing so incorrectly according to a new study from the Environmental Investment Organisation (EIO), a UK-based climate change and finance think tank… click here to read full article.
Globe-Net: Largest global companies are failing to report on greenhouse gas emissions
GLOBE-Net, May 2, 2013 – New research from the Environmental Investment Organisation (EIO), a climate change and finance think tank, shows that the level of public disclosure of greenhouse gas emissions among the world’s largest 800 companies is unacceptably poor.… click here to read full article.
Smart Mobility Management: Failures in corporate carbon reporting
by Jonathan Green
New research from the Environmental Investment Organisation (EIO), a climate change and finance think tank, shows that the level of public disclosure of greenhouse gas emissions among the world’s largest 800 companies is unacceptably poor… click here to read full article.
EcoPoint.Asia: Businesses gets carbon reporting wrong
by Emma Ellwood-Russel
A majority of the world’s largest companies are either failing to report their greenhouse gas emissions or doing so incorrectly according to a new study from the Environmental Investment Organisation (EIO), a UK-based climate change and finance think tank.… click here to read full article.
Nature: Hidden emissions
Only 37% of the world’s 800 largest companies fully disclose their greenhouse-gas emissions, according to a report released on 1 May by the Environmental Investment Organisation (EIO), a non-profit research group based in Frensham, UK… click here to read full article.
GreenBiz: Sustainability reporting: not ready for prime time
by Matthew Wheeland
he Environmental Investment Organisation this week released its Global 800 Carbon Rankings, a look at how the 800 largest companies in the world address their GHG emissions, with some bad news: Only 37 percent of those companies accurately report their emissions… click here to read full article.
Communicating Sustainability: Report: Major Global Companies Failing To Report on GHG
by Mike Hower
The level of public disclosure of greenhouse gas (GHG) emissions among the world’s 800 largest companies is “unacceptably poor,” according to research published this week by the Environmental Investment Organization (EIO)… click here to read full article.
Renewable Energy World: 10 Mistakes to Avoid in CSR Reporting
by Peter Bock
The advent of corporate social responsibility (CSR) reporting in sustainable business practices led to the implementation of social, environmental, and economic awareness in operational processes… click here to read full article.
GreenBiz: What You Need to Know About Scope 3 Emissions
by Paul Baier
Despite massive data collection challenges, some firms are working to track and report Scope 3 greenhouse gas emissions, which include all of the emissions produced in their value chain… click here to read full article.
The Moscow Times – Report: Russia Lags in Carbon Disclosure
by Roland Oliphant
Russia could have one of the most carbon-intensive economies or the least — but it is almost impossible to tell, because Russian companies reveal less emissions data than anyone else, ranking behind China, India and Brazil, according to a global study released Tuesday… click here to read full article.
GreenBiz: US Firms Barely Rank in Global Climate Change Disclosure Lists
by Tilde Herrera
When it comes to comprehensive climate change disclosure, it’s safe to say that European companies blow their North American counterparts out of the water… click here to read full article.
BusinessGreen: BASF named world’s best on emissions reporting
By Will Nichols
German chemicals giant BASF has come top of a global rankings index measuring the standard of public emissions reporting across the globe, although the study also revealed well over half of companies are filing incomplete data or are guilty of providing no public emissions figures… click here to read full article.
ENDSreport: BASF tops new supply chain carbon rankings
by James Richens
German chemical company BASF has topped the first league table measuring how well companies measure their supply chain carbon emissions… click here to read full article.
Green et Vert: World Forum Lille : Pour bien investir, il n’y a pas que l’argent qui compte!
by Stéphane Enilorac
Pour qu’une économie responsable fonctionne au mieux et progresse, tous ses acteurs doivent s’impliquer, des producteurs aux acheteurs, en passant par les investisseurs… click here to read full article (original in French).
The Hindu: BRICS carbon ranking: Only 4 Indian cos in top category
by Vidya Ram
A new carbon ranking of BRICS nations could provide a wake up call for levels of transparency within Indian firms when it comes to greenhouse gas emissions… click here to read full article.
The Sydney Morning Herald: Report cards due on business carbon record
by Paddy Manning
ON TUESDAY, a British non-profit, the Environmental Investment Organisation, will release carbon intensity rankings of 1270 of the world’s largest firms expressed as tonnes of greenhouse gas emitted for every million dollars of turnover in the most recent financial period… click here to read full article.
Environmental Leader: BASF, Baxter Lead Carbon Rankings that Stress Scope 3
by Tamar Wilner
BASF has topped carbon rankings of the world’s largest 1,270 companies, as the only one to disclose complete scope 3 emissions data, according to the Environmental Tracker from the Environmental Investment Organisation… click here to read full article.
BusinessReport: Company scores gold for SA in green index
by Donwald Pressly
Gold Fields is top of the pops of a new index that tracks the environmental reporting of the 300 biggest companies in the Brics bloc (Brazil, Russia, India, China and South Africa), which has been released ahead of this month’s 17th Conference of the Parties to the UN Framework Convention on Climate Change… click here to read full article.
CorpComms: Tech firm BASF tops carbon league table
by Emily Nicholls
UK-based non-governmental organisation the Environmental Investment Organisation (EIO) has launched five carbon league tables in an attempt to persuade more of the world’s largest 1,300 companies to reduce their greenhouse gas emissions and provide more comprehensive information about their emissions… click here to read full article.
Business Standard: Carbon emission details of only 7% Indian firms public
by Piyali Mandal
Indian companies seem to be shying away from making their carbon emission details public, according to a survey by a UK-based non-profit body. Only seven per cent of Indian firms give out complete and verified data about their carbon emissions, says London-headquartered Environmental Investment Organisation (EIO) in its study… click here to read full article.
Protothema: Αλλάζουν όλα στο Χρηματιστήριο Ρύπων
by Kostis Platzos
Μεγάλες ανατροπές στο σύστημα υπολογισμού και αγοραπωλησιών των δικαιωμάτων εκπομπής ρύπων φέρνουν, σε παγκόσμια κλίμακα, η αλλαγή προτύπων και κριτηρίων κατάταξης των ρυπογόνων επιχειρήσεων, η διαπραγμάτευση που διεξάγεται στο Ντέρμπαν της Νοτίου Αφρικής (για το νέο πρότυπο COP17) και τα ευρήματα έρευνας του μη κερδοσκοπικού οργανισμού Environmental Investment Organisation της Αγγλίας… click here to read full article (original in Greek).
The Climate Group: ET Global Rankings: Europe Leads on Carbon Disclosure, Boast Lowest Carbon Intensity
by Clare Saxon
LONDON: The latest global Environmental Tracking Carbon Rankings have been published, shining the spotlight on the standards of public greenhouse gas emissions reporting across the world and revealing Europe as a global leader in carbon disclosure… click here to read full article.
The Motley Fool: Green is good (as Gordon Gekko would never say).
by Selwyn Parker
We’re unlikely to see a film any time soon starring a reformed Gordon Gekko proclaiming “green is good”, but until that happy day the Environmental Tracking Index Series is an interesting instrument for Fools who want to save the planet and make money… click here to read full article.
FT Adviser: New share index reveals carbon friendly firms: EIO
by Julia Bradshaw
Tackling climate change can reap rewards for ethical investors, according to the Environmental Investment Organisation, which has launched European and UK-domiciled investible tracking indices… click here to read full article.
Financial Times: EIO index to reveal greenest companies
by Anuj Gangahar
The Environmental Investment Organisation, a UK-based research body, will today launch a set of indices designed to funnel investment into companies with the smallest carbon footprints and starve the biggest polluters of capital… click here to read full article.
The Telegraph: ‘There is no escaping the fact that businesses exist to make profit for their shareholders’
by Sam Gill
Ever since the rise of globalised “free-market capitalism”, the problem has always been how to factor the environmental costs into the equation… click here to read full article.
The Sunday Times: Green index will help investors to punish dirty firms
by Iain Dey
A GREEN pressure group has devised a new set of stock market indexes that it claims could force Europe’s biggest polluters to clean up their act… click here to read full article.
businessGreen: Low carbon index aims to galvanise environmental investors
by Will Nichols
Environmental Investment Organisation says market mechanism will incentivise companies to cut emissions… click here to read full article.
SustainableBusiness: New Environmental Index Goads Public Companies to Lower Emissions, Increase Transparency
A new index, that’s goes live today, joins the ranks of the dozen or so green indexes – the Environmental Tracking (ET) Index Series… click here to read full article.
La Tribune: Un nouvel indice boursier pour investir plus “vert”
by Marina Torre
Un indice boursier prenant en compte les émissions de carbone est lancé ce lundi, alors que s’ouvre la conférence de Bonn sur le climat… click here to read full article (original in French).
Ethical Investor: New UK index will provide diversity but shun carbon polluters
by Ross Kendall
The United Kingdom-based Environmental Investment Organisation launched its innovative Environmental Tracking (ET) Index Series this week, to try and mitigate climate change by incentivising corporate reductions in carbon emissions… click here to read full article.
The Climate Group: EIO Launches new index to cut corporate emissions
LONDON: Environmental Investment Organisation (EIO) has released the Environmental Tracking (ET) Index Series, a low carbon market mechanism which aims to cut global companies’ emissions and spur green investment, as part of the Clean Revolution… click here to read full article.
CORRIERE DELLA SERA: Rinnovabili L’Unione alza la posta in gioco
by Elena Comelli
L’ Ue vuole portare dal 20 al 30% la quota di energia pulita da produrre nel 2020. Più posti di lavoro, ma più costi in bolletta Gli incentivi non sono un aiuto al settore, ma all’ intero Paese. Servono a far decollare un sistema di sviluppo sostenibile… click here to read full article (original in Italian).
CNBC: Europe’s Greenest Companies
Sam Gill interviewed by Steve Sedgwick
Polish mining group KGHM came last in Europe’s 300 carbon ranking but that is because they don’t put any information in the public domain, Sam Gill, operational director of Environmental Investment Organisation told CNBC… click here to watch the interview.
New Statesman: Green or greedy? How the financial sector could save the planet
by Oliver Willmott
How corporations hide their environmental impact and how investors can hold them to account… click here to read full article.
La Tribune: “Voilà comment fonctionne notre classement”
by Dominique Pialot
Sam Gill, dont l’ONG Environmental investment organisation vient de publier un classement des plus grandes entreprises européennes en fonction de leurs émissions de CO2, répond à nos questions sur les objectifs de ce classement et la méthodologie employée… click here to read full article (original in French).
Sky News: Aviva Is ‘Cleanest Big Company’ In Europe
Aviva has the lowest greenhouse gas emissions of Europe’s 300 biggest companies, according to new research… click here to read full article.
Spiegel Online: Rangliste entlarvt Europas Klimasünder
by Markus Becker
Wer sind Europas Klima-Schmutzfinken, wer die Musterschüler? Eine britische Umweltorganisation hat erstmals ein Treibhausgas-Ranking der 300 größten Firmen des Kontinents aufgestellt. Nur ein einziges deutsches Unternehmen kam unter die saubersten zehn: die Deutsche Bank… click here to read full article (original in German).
FTAdviser: Aviva and Aegon land on top of emissions
by Fiona Nicolson
Aviva has come top and Aegon in second place in the Environmental Investment Organisation rankings of Europe’s 300 biggest companies, according to their greenhouse gas emissions… click here to read full article.
Sandbag: First carbon ranking system rolled out
by Michael Buick
How could we reward low-carbon companies with higher share price values? This question led to the foundation of the Environmental Investigation Organisation (EIO) which aims “To create a market incentive for the worldwide reduction of corporate greenhouse gas emissions through the large scale use of index funds…” click here to read full article.
France24: Majority of European firms fail on carbon reporting: study
Less than half of Europe’s top 300 firms are publishing full and verified carbon emission data, with French and Swiss companies ranking worst at greenhouse gas reporting, a study showed Tuesday… click here to read full article.
La Tribune: Axa dans le top 5 des groupes les plus verts
by Rémy Janin
La Tribune publie le premier classement européen des 300 grandes entreprises les moins émettrices de dioxyde de carbone réalisé par l’ONG britannique Environmental Investment Organisation… click here to read full article (original in French).
Bloomberg: E.ON Ranks as Europe’s Top Greenhouse-Gas Emitter, According to Survey
by Mathew Carr
E.ON AG (EOAN), Germany’s largest utility, is the biggest source of greenhouse gases among companies based in Europe, according to a survey by the Environmental Investment Organization, a British research and lobbying group… click here to read full article.
The Guardian: CBI calls for end to delays on renewable energy
by Simon Bowers
CBI is urging the government to set out guidelines that gives companies the confidence to invest in green energy projects… click here to read full article.
Reuters: Insurer Aviva has lowest emissions
The Environmental Investment Organisation (EIO) put insurers Aviva and Aegon at the top of the heap of Europe’s 300 largest companies for their low levels of publicly-reported greenhouse gas emissions, relative to their revenue… click here to read full article.
La Repubblica: Alle società italiane e spagnole l’ Oscar per chi produce meno CO2
by Lucio Cillis
ROMA – Spagnae Italia prime in Europa davanti ai tedeschi e alla Francia fanalino di coda… click here to read full article (Original in Italian).
Press Association: Insurer Aviva has lowest emissions
British insurance giant Aviva has the lowest greenhouse gas emissions out of Europe’s 300 biggest companies, research shows…. click here to read full article.
ITN: Insurer Aviva has lowest emissions
British insurance giant Aviva has the lowest greenhouse gas emissions out of Europe’s 300 biggest companies, according to new research… click here to read full article.
businessGreen: Aviva ensures top spot in Europe’s emissions league
by Tom Young
UK firm best of 300 companies, but many are not reporting or verifying emissions data… click here to read full article.
Greenwise: Aviva tops list for best emissions performance and disclosure
by Emily Smoucha
Aviva, the UK’s largest insurance company, has earned the top spot in the first carbon ranking of Europe’s 300 largest companies… click here to read full article.
Energy & Environmental Management Magazine: Aviva tops new carbon reduction rankings
Spain and Italy are the countries whose companies publish the most transparent and objectively verified data, while Switzerland and France rank lowest in this regard… click here to read full article.
Environmental Leader: Aviva Tops Carbon Rankings; Nokia Also Does Well
Aviva has topped rankings of Europe’s largest 300 companies by their carbon intensity, which also shows strong performance from Nokia and Swisscom… click here to read full article.
Risk Management Professional: Financial firms ‘have greenest credentials’
by Graham Buck
A league table ranking Europe’s major companies by their greenhouse gas emissions ranks Spain and Italy as best in terms of openness… click here to read full article.
POSTonline: Insurers Aviva, Axa and RSA ranked among top 10 greenest firms in Europe
by Jonathan Swift
A number of insurers have come out well in a list of Europe’s biggest companies ranked according to their greenhouse gas emissions by The Environmental Investment Organisation, a UK based independent non-profit research body… click here to read full article.
Sueddeutsche.de: Europas größte Klimasünder
Welche Unternehmen in Europa schaden dem Klima besonders stark? Die britische Environmental Investment Organisation (EIO) hat eine Negativ-Rangliste erstellt. Das Ergebnis: Unter den elf größten Klima-Schmutzfinken sind gleich zwei deutsche Konzerne… click here to read full article (Original in German).
Low Carbon Economy: Europe 300 Carbon Ranking launched today
Today the Environmental Investment Organisation (EIO) launches the latest in its set of of Global Carbon Rankings: the Europe 300 Carbon Ranking… click here to read full article.
Environmental Data Interactive Exchange: Europe’s top 300 emitters ranked for the first time
by Luke Walsh
UK financial giant Aviva is the best performer in a European list of the top 300 carbon emitters, according to a new ranking system… click here to read full article.
uSwitch: Aviva tops business carbon list
by Martin Ellis
UK financial giant Aviva has been rated Europe’s best business for greenhouse gas emissions, in the first poll of its kind… click here to read full article.
Reuters: Firms’ emissions reporting inconsistent – report
by Nina Chestney
(Reuters) – The way companies report their greenhouse gas emissions is extremely inconsistent, a study by research body the Environmental Investment Organisation (EIO) showed on Wednesday… click here to read full article.
Reuters: The Great Debate UK
by Sam Gill
Today’s launch of the Environmental Tracking (ET) UK 100 Carbon Rankings show just how far we have to go in tackling corporate emissions. If the first step is getting trusted, accurate data into the public domain, then 65 percent of the UK’s biggest companies are keeping us in the dark… click here to read full article.
BusinessGreen: Amlin takes title in UK carbon-intensity table
by BusinessGreen staff
New ranking system for UK’s largest companies finds many are not reporting or verifying emissions data… click here to read full article.
Sky News: Saint Or Sinner? Carbon League Ranks UK Firms
by Hazel Baker
A gold mining company has landed a less than glittering spot in a report that ranks Britain’s 100 biggest firms on the basis of their carbon emissions… click here to read full article.
Belfast Telegraph: Revealed: UK’s top 100 firms’ carbon rankings
The UK’s 100 biggest companies have been ranked according to their greenhouse gas emissions and levels of transparency… click here to read full article.
GreenBiz: Insurers Rank Highest in UK for Carbon Intensity, Transparency
by ClimateBiz Staff
LONDON, United Kingdom — A U.K. nonprofit has ranked the country’s 100 largest companies on greenhouse gas intensity and transparency, putting two insurance companies at the top of the heap. Rounding out the bottom are a major cruise operator and a gold mining company disputing the findings… click here to read full article.
Business & Leadership: Amlin and Aviva top UK carbon ranking list
The Environmental Investment Organisation (EIO) has ranked insurance groups Amlin and Aviva at the top of its UK 100 Carbon Ranking list… click here to read full article.
accountingWEB: Carbon reporting: ignore it at your peril
by Robert Lovell
The slow train towards mandatory carbon reporting is building a head of steam with the publication of a new ranking system for the top 100 UK companies according to their greenhouse gas (GHG) emissions…. click here to read full article.
Environmental Data Interactive: UK’s top 100 emitters ranked for first time
by Luke Walsh
Insurers and BskyB were among the best performers in the first chart of 100 of the UK’s biggest emitters… click here to read full article.
Silicon Republic: EIO reveals 100 UK firms’ carbon rankings
by Doireann McDermott
The Environmental Investment Organisation(EIO) has created the ET UK 100 Carbon Ranking list that highlights the best and worst businesses in terms of greenhouse gas emissions and levels of transparency… click here to read full article.
Green Investing: Amlin tops carbon intensity league table
Insurer Amlin has come out top in a list of UK companies compiled based on their carbon intensity… click here to read full article.
ClickGreen: UK’s 100 biggest corporations ranked on emissions
by ClickGreen staff
For the first time, the UK’s 100 biggest companies have been ranked according to their greenhouse gas emissions and levels of transparency… click here to read full article.
Wiener Zeitung: Börsen im Dienst des Klimaschutzes
London. (hes) Wie kann Klimaschutz mit den Mechanismen des Finanzmarktes gefördert werden? Bisher spielte es für die Börsenkurse eines Unternehmens keine Rolle, ob dieses den Umweltschutz hoch hält oder gering schätzt… click here to read full article (original in German).
businessGreen: Carbon index cranks up pressure on blue chips
by Andrew Charlesworth
The not-for-profit Environmental Investment Organisation (EIO) is to launch a carbon ranking of the world’s largest companies with the aim of helping fund managers build carbon emissions into their investment decisions… click here to read full article.
Edie (Environmental Data Interactive Exchange): ‘World’s largest’ carbon ranking scheme launched
by Luke Walsh
A system claiming to be the World’s largest carbon ranking system has been launched. The Environmental Tracking (ET) Global Carbon Rankings system made its debut in London this week… click here to read full article.
FT ADVISER BLOG: Carbon footprints on the FTSE
by FT adviser correspondent
Even for the most un-eco-conscious, making ethical lifestyle choices has become ingrained in our everyday routine. But how far does this extend to the investments we make?… click here to read full article.
AccountancyAge: Index compares share price with emissions
by Rachael Singh
An environmental index which correlates company share prices to its greenhouse gas emissions has been launched with the aim of bringing transparency to the field and providing a window into any correlation between the two… click here to read full article.
Greenscroll: EIO Global Carbon Rankings Launch
by Heather Adams
The Environmental Investment Organisation (EIO) Ltd., an independent not-for-profit company from the U.K. is
tackling climate change in a very interesting way: via ethical and environmental improvements to the financial
system… click here to read full article.
BusinessLine: UK firm launches carbon emissions index
by Vidya Ram
Will pension funds and institutional investors be able to persuade companies across the world to change their approach to greenhouse gas emissions?… click here to read full article.
SynTao Sustainability Solutions: Launch of ET Carbon Ranking
Monday 22.02.2010 saw the launch of the Environmental Investment Organisation’s new Global Carbon Rankings. For the first time a Ranking has been created which penalises and rewards companies on a global scale against absolute emissions with a particular emphasis on the reliability of the data being provided… click here to read full articleclick here to read full article.
CARBONyatra: HUL, Infosys on top, RIL, NTPC ranked last: BRIC Carbon Ranking Top 100
by Mumbai correspondent
Environmental Investment Organisation’s new Global and BRIC Carbon Rankings has been launched. For the first time a Ranking has been created which penalises and rewards companies on a global scale against absolute emissions with a particular emphasis on the reliability of the data being provided… click here to read full article.
AQVIVA: THE ET CARBON RANKINGS: THE WORLD’S LARGEST COMPANIES RANKED BY ABSOLUTE GREENHOUSE GAS EMISSIONS.
Monday 22.02.2010 saw the launch of the Environmental Investment Organisation’s new Global Carbon Rankings…The effect of the Rankings is first and foremost to encourage disclosure and verification amongst companies. It will then begin to create incentives for companies to reduce their emissions through share price pressure… click here to read full article.
BIOVALLEY: Novozymes recognized for its reporting of greenhouse gas emissions
Novozymes has received the Environmental Tracking Carbon Verification Leaders Award, which recognizes companies that document and verify their greenhouse gas emissions… click here to read article.
CorpComms: Carbon performance ranked
by Helen Dunne
Brazil’s Natura Cosmeticos, which sells natural skin care and cosmetic products through a team of door-to-door consultants, has been cited the world’s most carbon efficient company in a new carbon ranking of the world’s 1,000 biggest businesses… click here to read article.