ICT firms doing pretty well – but not on climate changeApril 2010
The sustainability performance of the information technology industry is being undermined by laggards that fail particularly to tackle climate change, the Two Tomorrows consultancy reports in its latest value ratings.
Its study ranking the companies says the future sustainability performance of the information and communication technology (ICT) sector will ‘be measured by its ability to identify commercial solutions that meet the need for climate change adaptation’, but that many such businesses have yet to make progress in that area.
The overall CSR picture is judged by Two Tomorrows to be good, as the industry generally has strong governance and stakeholder engagement practices in place.
But its overall record in dealing with direct environmental impacts is described as worrying.
Jason Perks, group director of Two Tomorrows, said: ‘While the sector continues to push best practice in sustainability innovation, the management of its direct environmental impacts often offers room for improvement.
‘For example, while most companies have set carbon dioxide emissions targets, the majority struggle to achieve significant reductions.’
Panasonic, for example, was alone in reporting reductions in carbon and greenhouse gas emissions across the life cycles of its products, and is one of the few companies committed to zero emissions by 2020.
European ICT companies lead the industry, and only one US and two Asian companies were ranked by the study as being among the better performers. Some companies, including AT&T and Sony, achieved lower ratings than some of the worst oil and gas companies analysed elsewhere.
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