Carbon Down, Profits Up - New Edition
- 01 February 2007
More companies, cities and regional governments than ever are managing to reduce their carbon footprints while strengthening operational performance, shows a new edition of the report Carbon Down Profits Up. In many cases these organisations have made significant cost savings as a result of their actions.
As in previous years, this third edition of Carbon Down Profits Up highlights leadership in the area of climate change and points to the action, innovation and concrete results from those organisations that have done most to cut their carbon emissions.
- The 137 leading corporations, cities and states selected for coverage in the report are drawn from 20 countries and have reduced carbon emissions by an average of 14%. This is nearly three times the percentage cut required of participating economies under the Kyoto Protocol.
- The 27 corporations reporting on the cost savings from their actions reduced emissions further, by an average of approximately 18%
- The five highest achievers - Catalyst Paper Corp., DuPont, AstraZeneca and the governments of Seattle (US) and Woking (UK) - each report cutting operational emissions by over 60%.
- Greater energy efficiency, sourcing of renewable energy and better waste management were the most frequently implemented measures within the organiz ations.
- Ninety-two per cent of those in the report pursued energy efficiency gains in particular, saving both the climate and money.
- Successful cities and regions reported saving US$64bn of taxpayer money through carbon reduction.