Business emissions data not up to standard
A new survey showed that only 2% of Australia’s largest companies have a high level of confidence in their company’s greenhouse emissions data and 36% have no data about their business emissions at all. PricewaterhouseCoopers, ran the survey, says swift action is needed in the climate of growing regulatory requirements and demand from investors for robust emissions data.
And only 8% of the CEOs surveyed feel they fully understand emissions reduction opportunities and risks. Furthermore, 98% of those surveyed say they are yet to implement a strategic response to climate change.
Experience in Europe shows business needs to be prepared for an Emissions Trading Scheme (ETS) that will come into effect in Australia by 2010.
Technorati Tags: business emissions, emissions, not up to standard, greenhouse emissions data, emissions data, climate change
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