FTSE 100 construction firms criticised for poor CO2 reporting
15:45 19 Feb 2007
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Construction and property firms are among 84 FTSE 100 firms that have incurred the wrath of Christian Aid for failing to meet the government’s basic reporting guidelines on greenhouse gas emissions.
British Land, Hanson, Land Securities Group, Persimmon and Wolseley
were among the firms that, according to Christian Aid, caused an estimated 200 million tonnes of CO2 emissions to go missing from the FTSE 100’s annual reports.The figure accounts for more than then entire annual emissions of Pakistan and Greece combined.
In order to join the list of companies that did meet the standard, Christian Aid required evidence that the firms: followed Department for Environment, Food and Rural Affairs (DEFRA) guidelines; provided a unique emissions figure for the whole company, indrect emissions (taking electricity from the grid etc), and third party emissions (such as transport of products by a third party).
The basic emissions reporting guidelines, backed by DEFRA, are not mandatory. They were launched in January 2006.
Persimmon, Wolseley and Hanson were not available to comment at the time CJ went to press.