CDP Ireland Report published today

Carbon Disclosure Project Ireland’s third report was published today in Dublin. The main findings include:

• 72% respondents say climate change responsibility rests at board level
• reporting up year on year, now at 33 companies based in Ireland (19 ISEQ , 7 unlisted EU ETS, 7 others, plus an additional 4 MNE’s registered in Ireland)
• 8 companies  (Tesco, Diageo, Endesa Ireland, DCC , Bord na Móna, CRH, Smurfit Kappa, Bewley’s) achieved 75% response rate ( based on quality/completeness of return)
• increase in Scope 1,2 & 3 disclosure
• increase in employee incentives related to climate change
• fuel/energy taxes and regulations disclosed as the main risk followed by carbon tax
• majority use GHG Protocol Standard
• below average specific emission reduction targets disclosed when compared to the Global 500 disclosure report
• increase in reporting on climate change management in reports other than CDP returns such as sustainability, CSR & annual reports
• Irish government promise to publish a review of national policy on climate change this October

73% of the Irish based CDP reporting companies that publically disclosed their response in this  report also report on their sustainability performance using the GRI framework. GRI and CDP collaborate in helping  organisations report on their sustainability performance and have produced a useful linkage document .