UK-based retailer Tesco and Swiss telecommunications company Swisscom are among the companies that received Gigaton Awardsover the weekend celebrating their business leadership in carbon emissions reduction.
The Carbon War Room, the Gigaton Throwdown, and the World Climate Summit gave the awards for “high standards of disclosure, exemplary performance, and inspirational behavior to lead their respective sectors to long term sustainability.”
Tesco has made significant progress reducing emissions from its supply chain and created a Knowledge Hub program showcasing pilots of carbon reduction plans and training.
Judges singled out Swisscom for its portfolio of green ICT products and services that support a more sustainable work and lifestyle for its customers.
Other companies receiving awards include solar panel maker Suntech, electronics and lighting company Philips, industrial power company Schneider Electric and utility Centrica.
“We applaud the 2011 Gigaton winners for their outstanding efforts that will set the industry standard in carbon reduction and sustainability,” said Sir Richard Branson, Co-Founder of the Carbon War Room. “My fellow Academy of judges picked the very best companies from a great shortlist, and we look forward to seeing the ripple effect their efforts will inspire.”
Twenty-five companies were nominated for awards, based on an assessment of performance on a range of metrics, including disclosure, and reductions in the volume and intensity of emissions over the last year. Company data was taken from the Carbon Disclosure Project’s Global 500 Report, which examines the carbon reduction activities at the world’s largest public corporations.
The winners were then selected by the 21-seat independent Academy – including Yvo de Boer, former director general of the UNFCCC; Dr Rajendra Pachauri, chair of the Intergovernmental Panel for Climate Change (IPCC); Sir Richard Branson, Founder of Virgin; Kevin Conrad, Special Envoy and Ambassador for Environment & Climate Change, Papua New Guinea and Prof Jacqueline McGlade, Executive Director of the European Environment Agency, as well as senior executives from top global companies, politicians and NGOs.
A Special Gigaton prize, newly awarded this year, for the country that has been the most inspiring example for renewable energy and energy efficiency investment and deployment was given to Germany