Carbon Disclosure Project Report 2008 - FTSE 350

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October 2008

This report provides insight into how the 234 listed companies in the FTSE350 track their carbon footprint and consider the risks and opportunities of carbon on their business. It also shows how companies compare against their peer group and who is leading the field.

The Carbon Disclosure Project (CDP), aims to provide investors with a unique analysis of how the worlds largest companies are responding to the challenge of climate change.

Highlights include:

90% of FTSE100 companies responded to CDP - the highest of any CDP sample in the world
A significant increase in respondents (50%) reported indirect emissions, such as business travel
85% of respondents point to general opportunities arising from climate change
FTSE 350 companies represent 22% of the Global 500 Carbon Disclosure Leaders Index

Richard Gledhill, global climate change leader at PwC, says: "The high response rates demonstrate that the carbon agenda in the UK has moved from debate to action. Even though businesses face a number of challenges today, this is remains a strategic issue, with the potential to affect both growth and profitability."

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Richard Gledhill
Head of Climate Change Services
+44 (0) 20 7804 5026

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