CARBON ACTION WHICH SECTORS ARE AHEAD OF THE …
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CONSUMER DISCRETIONARY INTENSITY TARGETS ABSOLUTE TARGETS BOTH TARGETS ABSOLUTE TARGETS AN ABSOLUTE TARGET IS ONE THAT DESCRIBES A REDUCTION IN ACTUAL EMISSIONS IN A FUTURE YEAR WHEN COMPARED TO A BASE YEAR HOW MANY COMPANIES HAVE SET EMISSIONS- REDUCTION TARGETS? RESPONSE RATE OF TARGETED ORGANIZATIONS CONSUMER STAPLES ENERGY INDUSTRIALS MATERIALS UTILITIES TOTAL 38 OF 51 TARGETED RESPONDERS 60 OF 79 TARGETED 99 OF 331 TARGETED 96 OF 172 TARGETED 155 OF 373 TARGETED 104 OF 302 TARGETED 552 OF 1308 TARGETED NO. OF TARGETS SET NO. SCOPE 1&2 TARGETS TARGETS ON TRACK (SCOPE 1&2) Carbon Action is an investor-led initiative to accelerate company action on carbon reduction and energy efficiency activities which deliver a positive return on investment. 304 investors with US$22 trillion in assets under management ask the world's highest-emitting publicly-listed companies to take three specific actions in response to climate change: Make emissions reductions (year-on-year); with targets publicly disclosed; and ROI-positive investments in emissions-reduction projects 35 19 12 4 27 15 14 38 25 24 57 43 24 125 175 124 16 26 12 15 27 26 34 41 48 84 91 107 405 9 25 12 38 24 62 34 77 33 77 126 305 14 26 92% OF RESPONDERS TARGETS SET TARGETS SET TARGETS SET TARGETS SET TARGETS SET TARGETS SET TARGETS SET 54 90% OF RESPONDERS 56 57% OF RESPONDERS 87 91% OF RESPONDERS 124 80% OF RESPONDERS 68 65% OF RESPONDERS 424 77% OF RESPONDERS 130 2014 2015 2014 2015 2014 2015 C 2 e O 2014 C 2 e O 2015 INCREASE IN THE NUMBER OF EMISSIONS- REDUCTION ACTIVITIES/ PROJECTS 77 INCREASE IN EMISSIONS REDUCTIONS 121 INCREASE IN INVESTMENTS IN EMISSIONS- REDUCTION PROJECTS 145 INCREASE IN RESPONDING COMPANIES % % % % RESPONDERS RESPONDERS RESPONDERS RESPONDERS RESPONDERS RESPONDERS CARBON ACTION WHICH SECTORS ARE AHEAD OF THE CURVE? EMISSIONS THE VOLUME OF CARBON DIOXIDE EMISSIONS PRODUCED IN ONE YEAR, MEASURED IN METRIC TONNES 82,617,465 1,206,405 1,423,468 3,350,399 6,327,053 31% 9% 93 422 1% 34 148,454,672 1,330,168 3% 51 1,168,200,267 3,806,085 19% 392 37% 858 100% 556,609,468 1,911,552,662 2,236,934,316 6,104,368,850 SCOPE 1+2 (TONNES CO2e) BASED ON COMPANIES' RESPONSES TO CDP ONLY MEDIAN INTENSITY (MEDIAN) TONNES CO2/M USD REVENUE % EMISSIONS- REDUCTION ACTIVITIES COMPANY IMPLEMENTED PROJECTS AND STRATEGIES TO REDUCE EMISSIONS 8,177,199 26 9.4 10.2 35 86 3,702 500 82 430 3,770 433 6,714,502 1.2 2,070 493 334,236,747 4.2 12,572 515 10,397 5,625 25,131,250 138,349,518 128,193,299 640,802,515 TOTAL EMISSIONS OFFSET (TONNES CO2E) TOTAL INVESTMENTS (BUSD) MEDIAN INVESTMENT (THUSD) PER PROJECT MEDIAN EMISSIONS REDUCTION (TONNES CO2E) PER PROJECT A A EMISSIONS-REDUCTION PROJECTS - TOTAL TONNES OF CO2 EQUIVALENT LARGEST RESPONDERS WITH NO EMISSIONS- REDUCTION TARGET BY MARKET CAPITALIZATION - ONLY COMPANIES THAT RESPONDED PUBLICLY TO CDP ARE INCLUDED LARGEST RESPONDERS WITH NO EMISSIONS- REDUCTION PROJECT BY MARKET CAPITALIZATION - ONLY COMPANIES THAT RESPONDED PUBLICLY TO CDP ARE INCLUDED Magna International Astra International TOP 10 NON-RESPONDERS* BY MARKET CAPITALIZATION Saic Motor Fuji Heavy Industries Kia Norwegian Cruise Line Sumitomo Harley-Davidson Lear Mitsubishi Motors Huayu Automotive Systems Daihatsu Motor FAW Car Ambev Costco JBS Kernel Holding Ambev Kweichow Moutai Alimentation Couche-Tard Tyson Foods Hengan Intl Group Kimberly-Clark de México Ingredion Inc Kuala Lumpur Kepong Anadolu Efes China Resources Beijing Dabeinong Technology Exxon Mobil BP Occidental Petroleum EOG Resources Anadarko Petroleum Petrobras Imperial Oil Woodside Petroleum Apache Noble Energy Enbridge Energy Partners Tonen General Sekiyu K.K. Energen ERG Cairn Energy DNO International SOCO International Premier Oil Bonavista Energy New Zealand Oil & Gas Kinder Morgan Enterprise Products Partners Reliance Industries Phillips 66 Rosneft Oil & Natural Gas Coal India Valero Energy Williams Companies Marathon Petroleum Safran American Airlines West Japan Railway TNT Express Yamato Holdings WestJet Airlines CSR General Dynamics Caterpillar Jardine Matheson Chell Industries Air China Bolloré China Eastern Airlines China Southern Airlines ANA Holdings Syngenta Corning Freeport-McMoRan Newmont Fresnillo Antofagasta Newcrest Ashland Empresas CMPC Valspar Newcrest Mining Valspar Silver Wheaton Corp. NMDC Methanex PT Vale Indonesia AMG Advanced Metallurgical Aspire Mining LyondellBasell Industries Norilsk Nickel Southern Copper Grupo Mexico Nan Ya Plastics Siam Cement Formosa Plastics Anhui Conch Cement Dangote Cement Formosa Chemicals & Fibre Exelon Wisconsin Energy Alliant Energy Brookfield Infrastructure Aboitiz Power NiSource OGE Energy Colbun AES GENER Empresa Electrica Pehuenche Wisconsin Energy Brookfield Infrastructure AES GENERr Empresa Electrica Pehuenche Chilectra Lechwerke Edegel Ormat Technologies Algonquin Power & Utilities Empresa Electrica del Norte Grande NextEra Energy Dominion Resources The Southern Company Hong Kong & China Gas Co Cheung Kong Infrastructure Assets Holdings Power PPL Public Service Enterprise Edison International Huaneng Power International BEHAVIORAL CHANGE ENERGY EFFICIENCY: BUILDING FABRIC ENERGY EFFICIENCY: BUILDING SERVICES ENERGY EFFICIENCY: PROCESSES FUGITIVE EMISSIONS REDUCTIONS LOW CARBON ENERGY INSTALLATION LOW CARBON ENERGY PURCHASE OTHER PROCESS EMISSIONS REDUCTIONS PRODUCT DESIGN TRANSPORTATION: FLEET TRANSPORTATION: USE EMISSIONS - REDUCTION PROJECTS - PER PROJECT TONNES OF CO2 EQUIVALENT BEHAVIORAL CHANGE ENERGY EFFICIENCY: BUILDING FABRIC ENERGY EFFICIENCY: BUILDING SERVICES ENERGY EFFICIENCY: PROCESSES FUGITIVE EMISSIONS REDUCTIONS LOW CARBON ENERGY INSTALLATION LOW CARBON ENERGY PURCHASE OTHER PROCESS EMISSIONS REDUCTIONS PRODUCT DESIGN TRANSPORTATION: FLEET TRANSPORTATION: USE C 2e O C 2 e O C 2 e O C 2 e O C 2 e O C 2 e O CO 2 e CO 2 e CO 2 e CO 2 e CO 2 e CO 2 e CO 2 e CO 2 e CO 2 e CO 2 e CO 2 e CO 2 e CO 2 e CO 2 e * Volkswagen responded to CDP but then withdrew their response in 2015 271,146 (3%) 17,303 (0%) 358,482 (4%) 836,932 (10%) 1,620 (0%) 105,815 (1%) 45,023 (1%) 42,189 (1%) 187,454 (2%) 6,158,469 (75%) 1,472 (0%) 151,294 (2%) 82,417 (1%) 678,406 (10%) 631,329 (9%) 917,879 (14%) 339,868 (5%) 609,526 (9%) 1,365,551 (20%) 330,604 (5%) 1,021,602 (15%) 448,638 (7%) 221,808 (3%) 66,874 (1%) 25,348,515 (8%) 478 (0%) 2,747 (0%) 96,901,706 (29%) 2,306,906 (1%) 4,556,425 (1%) 170,273 (0%) 186,178,944 (56%) 17,141,051 (5%) 1,500,000 (0%) 120,362 (0%) 9,340 (0%) 377,183 (2%) 56,804 (0%) 406,097 (2%) 2,492,536 (10%) 0 (0%) 108,867 (0%) 221,808 (1%) 479,390 (2%) 516,275 (2%) 15,458,007 (62%) 4,591,819 (18%) 422,464 (2%) 183,286 (0%) 652,789 (0%) 61,726 (0%) 107,687,510 (78%) 101,578 (0%) 2,619,855 (2%) 355,639 (0%) 1,514,621 (1%) 7,547,285 (5%) 17,388,158 (13%) 148,486 (0%) 88,585 (0%) 5,048,458 (4%) 412,543 (0%) 33,496 (0%) 8,986,191 (7%) 2,371,217 (2%) 52,909,283 (41%) 12,055,047 (9%) 12,131,889 (9%) 33,983,452 (27%) 96,833 (0%) 77,797 (0%) 87,093 (0%) 31,311,005 (5%) 1,818,323 (0%) 1,493,877 (0%) 217,822,754 (34%) 5,121,189 (1%) 60,909,771 (10%) 14,213,341 (2%) 200,677,637 (31%) 60,397,119 (9%) 41,050,105 (6%) 5,161,744 (1%) 825,650 (0%) 19,368 3,461 12,361 13,949 1,620 10,582 15,008 10,547 11,716 879,781 294 75,647 5,151 61,673 5,900 8,269 24,276 21,769 85,347 27,550 60,094 32,046 11,674 6,687 3,168,564 120 687 646,011 88,727 189,851 34,055 6,205,965 267,829 214,286 10,942 1,557 9,926 2,029 1,349 28,324 0 5,443 20,164 18,438 19,121 1,545,801 55,998 16,899 15,274 54,399 1,187 414,183 16,930 60,927 18,718 94,664 184,080 1,086,760 6,187 7,382 229,475 31,734 1,523 130,235 112,915 523,854 861,075 247,590 999,513 32,278 3,382 4,839 284,646 24,909 2,901 295,512 74,220 269,512 209,020 1,464,800 303,503 720,177 31,474 11,310 For more information please contact: [email protected] Scope 1 emissions All direct CO2 emissions. Scope 2 emissions Indirect CO2 emissions that arise as a consequence of an organisation’s activities for example, emissions electricity, heat, cooling or steam purchased for its own consumption. Scope 3 emissions Other indirect emissions of CO2 from sources that are not owned or controlled by a company but which occur as a result of its activities. For example the extraction and production of purchased materials and fuels, transport-related activities in vehicles not owned or controlled by the reporting entity, electricity-related activities not covered in Scope 2, outsourced activities and waste disposal. 156 PROJECTS 375 PROJECTS 339 PROJECTS 675 PROJECTS 517 PROJECTS 389 PROJECTS 2,433 PROJECTS Emissions-reduction activities could include: Energy efficiency (building fabric), Energy efficiency (building services), Energy efficiency (processes), Fugitive emissions reduction, Low-carbon energy purchase, Low-carbon energy installation, Process emissions reductions, Transportation (Fleet) or Transportation (Use). As an investor signatory you can access the full Carbon Action dataset through CDP's portal C 2 e O
Transcript of CARBON ACTION WHICH SECTORS ARE AHEAD OF THE …
CONSUMER DISCRETIONARY
INTENSITY TARGETSABSOLUTE TARGETS
BOTH TARGETS
ABSOLUTE TARGETSAN ABSOLUTE TARGET IS
ONE THAT DESCRIBESA REDUCTION IN
ACTUAL EMISSIONSIN A FUTURE YEARWHEN COMPARED
TO A BASE YEAR
HOW MANY COMPANIESHAVE SET EMISSIONS-
REDUCTION TARGETS?
RESPONSE RATEOF TARGETED
ORGANIZATIONS
CONSUMER STAPLES
ENERGY INDUSTRIALS MATERIALS UTILITIES TOTAL
38OF 51 TARGETED
RESPONDERS
60OF 79 TARGETED
99OF 331 TARGETED
96OF 172 TARGETED
155OF 373 TARGETED
104OF 302 TARGETED
552OF 1308 TARGETED
NO. OF TARGETS SETNO. SCOPE 1&2 TARGETS
TARGETS ON TRACK(SCOPE 1&2)
Carbon Action is an investor-led initiative to accelerate company action on carbon reduction and energy efficiency activities which deliver a positive return on investment. 304 investors with US$22 trillion in assets under management ask the world's highest-emitting publicly-listed companies to take three specific actions in response to climate change:
Make emissions reductions (year-on-year); with targets publicly disclosed; and ROI-positive investments in emissions-reduction projects
35
19 12
4
2715
14 3825
24
5743
24
125
17512416 26
12
15
27
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34 41 48 84 91 107 405
9
25
12
38
24
62
34
77
33
77
126
305
14
26
92% OF RESPONDERS
TARGETS SET TARGETS SET TARGETS SET TARGETS SET TARGETS SET TARGETS SET TARGETS SET
5490% OF RESPONDERS
5657% OF RESPONDERS
8791% OF RESPONDERS
12480% OF RESPONDERS
6865% OF RESPONDERS
42477% OF RESPONDERS
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2014 2015 2014 2015 2014 2015
C 2eO
2014
C 2eO
2015
INCREASEIN THE NUMBEROF EMISSIONS-REDUCTIONACTIVITIES/PROJECTS
77INCREASEIN EMISSIONSREDUCTIONS
121INCREASEIN INVESTMENTSIN EMISSIONS-REDUCTIONPROJECTS
145INCREASE IN RESPONDINGCOMPANIES
%%%%
RESPONDERS
RESPONDERS
RESPONDERS
RESPONDERS
RESPONDERS
RESPONDERS
CARBON ACTION WHICH SECTORS ARE AHEAD OF THE CURVE?
EMISSIONSTHE VOLUME OF
CARBON DIOXIDEEMISSIONS PRODUCED IN
ONE YEAR, MEASUREDIN METRIC TONNES
82,617,465
1,206,405 1,423,468 3,350,399 6,327,053
31%9%
93 422
1%
34
148,454,672
1,330,168
3%
51
1,168,200,267
3,806,085
19%
392
37%
858
100%
556,609,468 1,911,552,662 2,236,934,316 6,104,368,850SCOPE 1+2 (TONNES CO2e)BASED ON COMPANIES'
RESPONSES TO CDP ONLY
MEDIAN
INTENSITY (MEDIAN)TONNES CO2/M USD REVENUE
%
EMISSIONS-REDUCTIONACTIVITIES
COMPANY IMPLEMENTEDPROJECTS ANDSTRATEGIES TO
REDUCE EMISSIONS
8,177,199
26 9.4 10.2 35 86
3,702500
82 430
3,770
433
6,714,502
1.2
2,070
493
334,236,747
4.2
12,572
515
10,397
5,625
25,131,250 138,349,518 128,193,299 640,802,515TOTAL EMISSIONSOFFSET (TONNES CO2E)
TOTAL INVESTMENTS(BUSD)
MEDIAN INVESTMENT(THUSD)
PER PROJECT
MEDIAN EMISSIONSREDUCTION (TONNES CO2E)
PER PROJECT
A
A
EMISSIONS-REDUCTIONPROJECTS - TOTAL
TONNES OF CO2EQUIVALENT
LARGEST RESPONDERSWITH NO EMISSIONS-REDUCTION TARGET
BY MARKETCAPITALIZATION -ONLY COMPANIESTHAT RESPONDED
PUBLICLY TOCDP ARE INCLUDED
LARGEST RESPONDERSWITH NO EMISSIONS-
REDUCTION PROJECTBY MARKET
CAPITALIZATION - ONLY COMPANIESTHAT RESPONDED
PUBLICLY TOCDP ARE INCLUDED
Magna International
Astra International
TOP 10NON-RESPONDERS*
BY MARKETCAPITALIZATION
Saic MotorFuji Heavy IndustriesKiaNorwegian Cruise LineSumitomo Harley-DavidsonLearMitsubishi MotorsHuayu Automotive SystemsDaihatsu MotorFAW Car
AmbevCostcoJBSKernel Holding
Ambev
Kweichow MoutaiAlimentation Couche-TardTyson FoodsHengan Intl GroupKimberly-Clark de MéxicoIngredion IncKuala Lumpur KepongAnadolu EfesChina ResourcesBeijing Dabeinong Technology
Exxon MobilBPOccidental PetroleumEOG ResourcesAnadarko PetroleumPetrobrasImperial OilWoodside PetroleumApacheNoble Energy
Enbridge Energy PartnersTonen General Sekiyu K.K.EnergenERGCairn EnergyDNO InternationalSOCO InternationalPremier OilBonavista EnergyNew Zealand Oil & Gas
Kinder MorganEnterprise Products PartnersReliance IndustriesPhillips 66RosneftOil & Natural GasCoal IndiaValero EnergyWilliams CompaniesMarathon Petroleum
SafranAmerican Airlines West Japan Railway TNT Express
Yamato HoldingsWestJet Airlines
CSRGeneral DynamicsCaterpillarJardine MathesonChell IndustriesAir ChinaBolloréChina Eastern AirlinesChina Southern AirlinesANA Holdings
SyngentaCorningFreeport-McMoRanNewmontFresnilloAntofagastaNewcrestAshlandEmpresas CMPCValspar
Newcrest MiningValspar Silver Wheaton Corp.NMDCMethanex PT Vale IndonesiaAMG Advanced Metallurgical Aspire Mining
LyondellBasell IndustriesNorilsk NickelSouthern CopperGrupo MexicoNan Ya PlasticsSiam CementFormosa PlasticsAnhui Conch CementDangote CementFormosa Chemicals & Fibre
ExelonWisconsin EnergyAlliant EnergyBrookfield Infrastructure Aboitiz PowerNiSourceOGE EnergyColbunAES GENEREmpresa Electrica Pehuenche
Wisconsin EnergyBrookfield Infrastructure AES GENERrEmpresa Electrica PehuencheChilectraLechwerkeEdegelOrmat TechnologiesAlgonquin Power & UtilitiesEmpresa Electrica del Norte Grande
NextEra EnergyDominion ResourcesThe Southern CompanyHong Kong & China Gas CoCheung Kong InfrastructureAssets Holdings Power PPL Public Service EnterpriseEdison InternationalHuaneng Power International
BEHAVIORAL CHANGE
ENERGY EFFICIENCY: BUILDING FABRIC
ENERGY EFFICIENCY: BUILDING SERVICES
ENERGY EFFICIENCY: PROCESSES
FUGITIVE EMISSIONS REDUCTIONS
LOW CARBON ENERGY INSTALLATION
LOW CARBON ENERGY PURCHASE
OTHER
PROCESS EMISSIONS REDUCTIONS
PRODUCT DESIGN
TRANSPORTATION: FLEET
TRANSPORTATION: USE
EMISSIONS-REDUCTIONPROJECTS - PER PROJECT
TONNES OF CO2EQUIVALENT
BEHAVIORAL CHANGE
ENERGY EFFICIENCY: BUILDING FABRIC
ENERGY EFFICIENCY: BUILDING SERVICES
ENERGY EFFICIENCY: PROCESSES
FUGITIVE EMISSIONS REDUCTIONS
LOW CARBON ENERGY INSTALLATION
LOW CARBON ENERGY PURCHASE
OTHER
PROCESS EMISSIONS REDUCTIONS
PRODUCT DESIGN
TRANSPORTATION: FLEET
TRANSPORTATION: USE
C 2eO C 2eOC 2eO C 2eO C 2eO C 2eO
CO 2e CO 2e CO 2e CO 2e CO 2e CO 2e CO 2e
CO 2e CO 2e CO 2e CO 2e CO 2e CO 2e CO 2e
* Volkswagen responded to CDP but then withdrew their response in 2015
271,146 (3%)
17,303 (0%)
358,482 (4%)
836,932 (10%)
1,620 (0%)
105,815 (1%)
45,023 (1%)
42,189 (1%)
187,454 (2%)
6,158,469 (75%)
1,472 (0%)
151,294 (2%)
82,417 (1%)
678,406 (10%)
631,329 (9%)
917,879 (14%)
339,868 (5%)
609,526 (9%)
1,365,551 (20%)
330,604 (5%)
1,021,602 (15%)
448,638 (7%)
221,808 (3%)
66,874 (1%)
25,348,515 (8%)
478 (0%)
2,747 (0%)
96,901,706 (29%)
2,306,906 (1%)
4,556,425 (1%)
170,273 (0%)
186,178,944 (56%)
17,141,051 (5%)
1,500,000 (0%)
120,362 (0%)
9,340 (0%)
377,183 (2%)
56,804 (0%)
406,097 (2%)
2,492,536 (10%)
0 (0%)
108,867 (0%)
221,808 (1%)
479,390 (2%)
516,275 (2%)
15,458,007 (62%)
4,591,819 (18%)
422,464 (2%)
183,286 (0%)
652,789 (0%)
61,726 (0%)
107,687,510 (78%)
101,578 (0%)
2,619,855 (2%)
355,639 (0%)
1,514,621 (1%)
7,547,285 (5%)
17,388,158 (13%)
148,486 (0%)
88,585 (0%)
5,048,458 (4%)
412,543 (0%)
33,496 (0%)
8,986,191 (7%)
2,371,217 (2%)
52,909,283 (41%)
12,055,047 (9%)
12,131,889 (9%)
33,983,452 (27%)
96,833 (0%)
77,797 (0%)
87,093 (0%)
31,311,005 (5%)
1,818,323 (0%)
1,493,877 (0%)
217,822,754 (34%)
5,121,189 (1%)
60,909,771 (10%)
14,213,341 (2%)
200,677,637 (31%)
60,397,119 (9%)
41,050,105 (6%)
5,161,744 (1%)
825,650 (0%)
19,368
3,461
12,361
13,949
1,620
10,582
15,008
10,547
11,716
879,781
294
75,647
5,151
61,673
5,900
8,269
24,276
21,769
85,347
27,550
60,094
32,046
11,674
6,687
3,168,564
120
687
646,011
88,727
189,851
34,055
6,205,965
267,829
214,286
10,942
1,557
9,926
2,029
1,349
28,324
0
5,443
20,164
18,438
19,121
1,545,801
55,998
16,899
15,274
54,399
1,187
414,183
16,930
60,927
18,718
94,664
184,080
1,086,760
6,187
7,382
229,475
31,734
1,523
130,235
112,915
523,854
861,075
247,590
999,513
32,278
3,382
4,839
284,646
24,909
2,901
295,512
74,220
269,512
209,020
1,464,800
303,503
720,177
31,474
11,310
For more information please contact: [email protected] 1 emissionsAll direct CO2 emissions.
Scope 2 emissionsIndirect CO2 emissions that arise as a consequence of an organisation’s activities for example, emissions electricity, heat, cooling or steam purchased for its own consumption.
Scope 3 emissionsOther indirect emissions of CO2 from sources that are not owned or controlled by a company but which occur as a result of its activities. For example the extraction and production of purchased materials and fuels, transport-related activities in vehicles not owned or controlled by the reporting entity, electricity-related activities not covered in Scope 2, outsourced activities and waste disposal.
156PROJECTS
375PROJECTS
339PROJECTS
675PROJECTS 517
PROJECTS 389
PROJECTS
2,433PROJECTS
Emissions-reduction activities could include: Energy efficiency (building fabric), Energy efficiency (building services), Energy efficiency (processes), Fugitive emissions reduction, Low-carbon energy purchase, Low-carbon energy installation, Process emissions reductions, Transportation (Fleet) or Transportation (Use).
As an investor signatory you can access the full Carbon Action dataset through CDP's portal
C 2eO
