Exxaro tops carbon-disclosure log, while SA shows Brics leadership

Engineering News 22 November 2012.

Black-empowered resources group Exxaro climbed to the top of the JSE Top 100 Carbon Disclosure Leadership Index (CDLI) in 2012, closely followed by fellow miners Gold Fields and Harmony – in 2011, Gold Fields topped the CDLI.

A total of 78 leading public companies (measured by market capitalisation as at November 30, 2011) offered responses to South Africa’s sixth Carbon Disclosure Project (CDP) questionnaire.

The response rate positions South Africa second internationally after the ‘Europe 300’, which posted a response rate of 92%. The CDP 2012 report notes that disclosure by South African companies also compares favourably with the disclosure rates of the Global 500 on most parameters. But it says there is “room for further improvement”…

The CDP 2012 report, written by Incite Sustainability in partnership with the National Business Initiative (NBI), estimates that, taken together with Eskom, the responding JSE companies account for 64% of the country’s total estimate emissions.

… It also states that there has been a material reduction in the reported greenhouse gas (GHG) emissions from South Africa’s top companies. Total reported direct emissions for 2012 decreased from 137-million tCO2e in 2011 to 132-million tCO2e in 2012, while indirect emissions reduced from 98.4-million tCO2e last year to 86.6-million tCO2e in 2012…

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