Wednesday 26 September 2018

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."