Survey Finds a Majority of Corporate Respondents Measuring Their Carbon Footprints

Survey Finds a Majority of Corporate Respondents Measuring Their Carbon Footprints
Source: EcoSecurities, ClimateBiz, and Baker & McKenzie

Over 300 global companies, including 31 specialized carbon companies that act as carbon market intermediaries, responded to a survey published recently by EcoSecurities, ClimateBiz, and Baker & McKenzie, which sought to identify corporate trends in carbon management and offsetting. The survey, entitled Carbon Management and Offsetting Trends Survey Results 2009, is the second published by the organizations, and the first since the global economic crisis.

Despite the effects of the crisis, the number of respondents to the survey increased by more than 400% since its predecessor was published in early 2008, with a marked increase in participation of North American companies noted. Although budget concerns were cited by many companies as a motivation for delaying the purchase of carbon offsets, 60% of respondents reported that they measure their organizational carbon footprint, 44% have a defined carbon management strategy, and 32% report having such a plan in development. However, only 54% of North American companies measure their carbon footprint, compared to 92% of Australasian, and 62% of European, respondents.

+ Carbon Management and Offsetting Trends Survey Results 2009
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