A report published by Carbon Clear found that, for the third year in a row, BT Group has come top for sustainability reporting of the FTSE 100 companies, demonstrating a comprehensive approach to carbon and sustainability reporting.
The sixth annual report ranks each FTSE 100 company on its carbon measurement and reporting, strategy and targets, emissions reduction, engagement with stakeholders, and innovative approach to sustainability reporting.
Key findings of the report included five more companies setting carbon emission reduction targets based on climate science than in 2015 and a 9 per cent uplift to 64 companies using or buying renewable energy compared to 2015. The report also suggests that the Paris climate change negotiations in December 2015 may have increased awareness of climate issues, and that businesses are showing that growth is enhanced by sustainable business practices, not limited by it.
Mark Chadwick, Chief Executive of Carbon Clear said, "the hard work and dedication companies such as BT, M&S and Unilever have towards developing a more sustainable business model is fantastic. These 'leaders of the pack' are setting the agenda for business sustainability proving that such an approach is aligned to long-term commercial value."
Marks and Spencer Group scored second to BT and was praised for its ‘consistent and holistic approach to delivering meaningful carbon reductions, especially in the way it works with both the supply chain and customers to reduce emissions.’
Unilever, ranked third and is the only company that scored full marks in the new 'innovation' section. The company demonstrated an ‘admirable commitment to long term sustainability leadership.’