New Delhi: BT announced that it will cut its carbon emissions intensity by 80% across the globe by 2020, setting one of the most aggressive corporate carbon reduction targets worldwide.
The company published a new model for measuring and tracking carbon emissions, backed by the Carbon Disclosure Project, to ensure that carbon emissions are measured consistently across the globe.
The new model that has been developed by Dr Chris Tuppen, BT’s director of sustainable development will create a relationship between BT’s CO2 emissions and its financial performance so that they become interdependent.
Majority of worldwide CO2 emissions result from activities in the corporate sector, but up until now it has not been clear what targets an individual corporation needs to achieve to make its contribution to the international challenge.
The Climate Stabilisation Intensity (CSI) Target addresses this by linking a company’s financial and environmental performance to the necessary CO2 reductions. It is fully in line with the worldwide reduction imperatives outlined in the Stern Report and reports by the UN Intergovernmental Panel on Climate Change (IPCC).
According to Paul Dickinson, CEO, The Carbon Disclosure Project, BT will meet the 80% reduction target through a continued combination of energy efficiency and on-site renewable generation. BT has already reduced emissions in the UK by nearly 60% between 1996 and 2008.