Wednesday 26 September 2018

BT ‘leads FTSE 100 in terms of managing climate risks’

BT ‘leads FTSE 100 in terms of managing climate risks’

BT is leading the FTSE 100 in terms of managing climate risks.

That's according to a new report from international climate consultancy EcoAct, which shows companies are increasingly assessing and mitigating against threats posed by global warming, with behaviour ratings increasing by up to 15% compared to 2017.

BT took first place this year with a score of 91%, beating previous winner Marks & Spencer's score of 89%.

The analysis shows a continued trend of improved strategy and governance, with 19% of companies now using climate scenarios to make future forecasts and around a fifth having committed to science-based targets.

Around 63% now use recognised reporting frameworks and 41% are aligned with guidelines set out by the Task Force for Climate-Related Financial Disclosure (TCFD).

There is also an increase in the use of renewable energy, from 65% last year up to 73% in 2018.

Gabrielle Ginér, Head of Environmental Sustainability at BT, said: "We are delighted to be recognised like this by EcoAct.

"It’s been a very exciting year for us, setting our 1.5°C science-based target and continuing to collaborate with our suppliers on environmental sustainability."

Written by

Bruna Pinhoni

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