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BT Group Set Sustainability Standards of FTSE 100 Firms

A report published by Carbon Clear has found that for the third consecutive year, BT Group are setting sustainability standards for FTSE 100 companies.

The telecommunications giant has shown a comprehensive approach to carbon and sustainability reporting, firmly cementing their position as one of the best practice leaders of the FTSE 100.

The sixth yearly report published by Carbon Clear ranks all of the FTSE 100 companies on their: carbon measurement and reporting; strategy and targets; emissions reduction; engagement with stakeholders; and, innovative approach to sustainability reporting.

A copy of the full report which looks at trends for the FTSE 100 and names the top 20 companies can be downloaded here – info.carbon-clear.com/hubfs/Reports/Sustainability_Reporting_Performance_of_the_FTSE_100.pdf.

Among the key findings of the report are five more firms setting carbon emission reduction targets based on climate science than in the previous year. The research shows that businesses that set ‘science based targets’ are more likely to achieve, or even exceed their initial aims.

There has also been a 9% rise to 64 companies who use or purchase renewable energy in comparison to last year.

The report suggests that the Paris climate change negotiations in December last year could have influenced the awareness of climate issues among FTSE 100 groups.

The report finds that a variety of businesses within the FTSE 100 are showing that growth is enhanced by sustainable business practices, not limited by it.

Marks and Spencer Group scored marginally behind BT to rank in second place. The business has been praised for its consistent and holistic approach to delivering meaningful carbon reductions, particularly in the way it works with both the supply chain and customers to cut down on emissions.

Unilever ranked third and is the only business that scored full marks in the new ‘innovation’ section. The company has shown an admirable commitment to long term sustainability leadership.

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BDC 315 : Apr 2024