Business in the Community

Benchmark improves corporate climate change understanding

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Source: Business in the Community

Environment Index 2007 goes live

Companies entering the UK’s leading environmental benchmark will receive more information on their climate change performance to help them improve their environmental impact.

The Environment Index, which went live on 10 September 2007, will compare companies’ performance against businesses both within and outside their sector, on a wider range of climate change areas.

As well as assessing their carbon emissions, it will now compare their use of renewable energy and how they encourage staff to take an active part in tackling climate change. It is hoped the wider range of data will help companies to more fully understand their environmental impact.

Jim Haywood, Director of Business in the Community’s environment campaign, said:

“Without doubt, climate change is now regarded as a strategically important business issue. This was confirmed by the majority of business leaders attending this year’s Prince of Wales’s May Day Business Summit on Climate Change. The Environment Index is a key tool for businesses to monitor progress on this issue, and the latest Index will give companies a greater understanding of their impact in this area.”

The best performing companies in the Index will also be eligible to enter the Environmental Leadership Award 2008, part of Business in the Community’s prestigious Awards for Excellence. This award, most recently presented to Barclays Plc by former US Vice-President Al Gore, recognises companies that have considered environmental issues in all parts of their business and improved their impact.

The Environment Index was opened to companies on 10 September 2007 and will close on Friday 16 November 2007.

A spokesperson for the Energy Saving Trust, which sponsors the Environment Index 2007, commented:

“With more and more businesses as well as consumers entering into the area of sustainability and tackling climate change, initiatives such as the Environment Index are increasingly important. The Energy Saving Trust has offered support and consultancy to businesses and organisations since 2003 on how to operate a greener company car fleet, as well as advising businesses on how to communicate energy saving messages to their consumers and employees. To date hundreds of organisations have undertaken a Green Fleet Review through the Energy Saving Trust and we applaud the efforts of businesses like these in leading the way to promote sustainable behaviour through their organisations.”

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