Transition to a low-carbon economy: Public goals and by Organization for Economic Cooperation and Development PDF
By Organization for Economic Cooperation and Development
Companies are more and more conscious of the necessity to tackle weather swap. besides the fact that, whereas many businesses are taking motion to handle weather swap, many others are nonetheless lagging behind. This document surveys liable enterprise practices addressing weather switch and using the shift to a low-carbon financial system. It summarises guidelines, laws and different tools in aid of a low carbon economic system in OECD international locations and rising economies, and analyses company responses to those drivers. utilizing the foundations of liable company behavior pointed out within the OECD guidance for Multinational organizations, this record stories 3 key components of company action: accounting for greenhouse fuel emissions; achieving emissions discounts; and engaging providers, shoppers and different stakeholders.
Table of content material :
Preface through Angel Gurr?a, OECD Secretary-General Glossary and Acronyms Executive precis Introduction company and weather switch: the large photograph bankruptcy 1. Accounting for company Emissions -1.1. traits in company accounting and reporting of GHG info -1.2. rising practices and criteria -1.3. demanding situations Chapter 2. Achieving Emissions rate reductions -2.1. businesses motivations to minimize GHG emissions -2.2. setting up GHG emission relief plans -2.3. placing GHG emission relief on the center of commercial organization Chapter 3. Reaching Out -3.1. coping with emissions during the offer chain -3.2. attractive shoppers -3.3. Contributing to the advance and implementation of climatechange rules -3.4. Sharing the advantages of innovation and contributing to know-how move Annex A1. OECD Survey on company Practices to minimize Emissions Annex A2. OECD guidance for Multinational corporations and weather swap Bibliography
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Additional resources for Transition to a low-carbon economy: Public goals and corporate practices
The information collected covers four principal areas: 1. Management’s views on the risks and opportunities that climate change presents to the business; 2. Greenhouse gas emissions accounting; 3. Management’s strategy to reduce emissions/minimise risk and capitalize on opportunity; and 4. Corporate governance with regard to climate change. The first request for information was sent out in 2003. Since then, the number of disclosing organisations has grown tenfold, from 235 to 2500, and involves companies from some 60 countries.
6% companies classified as having a high impact for climate change) to 83% in 2009. The responses to the OECD survey confirm the trend towards greater harmonisation of practices. ”, the vast majority of companies answer positively. ”, the vast majority of companies also responded TRANSITION TO A LOW-CARBON ECONOMY: PUBLIC GOALS AND CORPORATE PRACTICES © OECD 2010 39 1. ACCOUNTING FOR CORPORATE EMISSIONS positively. It is interesting to note that the few that did not respond positively were multinational companies operating globally, highlighting issues of unstable methodologies and lack of consensus on indirect emissions and disclosure boundaries across countries.
2. Regulatory requirements on corporate reporting of GHG emissions in selected countries In Australia, under the National Greenhouse and Energy Reporting (NGER) Act, corporations emitting more than 125 000 tonnes CO2 equivalent per annum started to report on their energy and greenhouse gas emissions to the Government in October 2009 for financial year 2008/2009. aspx In Canada, under the Canadian Environmental Protection Act of 1999, all facilities that emit more than a certain amount of GHG in CO2 equivalent per year were required to submit a report to Environment Canada, starting in 2005 for 2004 emissions.
Transition to a low-carbon economy: Public goals and corporate practices by Organization for Economic Cooperation and Development