Ten Spanish companies obtain top scores for their level of commitment and transparency in terms of carbon emissions

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The Director-General of the Spanish Climate Change Office, Alicia Montalvo, presided over the presentation of the Carbon Disclosure Project 2010 Report – España IBEX 35. The document contains an annual survey of companies around the world in terms of their commitment to climate change and other environmental issues.

Among its main conclusions, the report confirms that ten Spanish companies obtained the top score for their level of commitment and transparency in terms of carbon emissions.

The Carbon Disclosure Project (CDP) is a non-profit organisation whose goal is to create a stable relationship between shareholders and companies in terms of the effects of climate change on the value of the shareholders and commercial operations. Its objective is to facilitate dialogue by supporting itself on quality information, from which a rational response to climate change will arise. The CDP searches for information on risks and opportunities related to climate change and greenhouse gas emission data from the largest companies around the world. The CDP has become the global benchmark in information processes and methodology related to climate change and companies, and its website is the largest source of corporate data on greenhouse gas emissions in the world.

CDP-2010 Report

The CDP carries out an annual survey on companies around the world regarding their conduct on climate change-related issues The report was presented in Spain by the Ecology and Development Foundation (ECODES) with support from the Ministry of the Environment, Rural and Marine Affairs.

The first report to focus exclusively on Spanish companies was drafted in 2008. Information from all IBEX-35 companies was requested for that first report. In 2009 and 2010, the sample was expanded to include the 85 largest Spanish companies in terms of capitalisation.

The 2010 Report received a response rate of 40%, i.e. a total of 34 companies from the 85 included in the survey responded. The 34 companies that completed the questionnaire are responsible for the emission of 370 million tonnes per year at a global level.

Access the report (in Spanish) here.