The FT/Citigroup Private Bank Environmental Awards
Financial Times Citi Private Bank

Technical Advisor:

 

AWARDS ENTRY

Meeting the Carbon Challenge

Trucost
In order to meet the climate change challenge, companies around the globe must improve their carbon efficiency. Business must become progressively less dependent on carbon emissions. The first step towards this is for companies to measure carbon emissions and these awards will acknowledge transparency.

Winning companies will also have demonstrated that they have reduced carbon emissions in their operations when compared to turnover and that they are more carbon efficient than their peers.

Process

If you are interested in entering the FT/Citigroup Private Bank Environmental Awards, fill in the below form and submit it electronically using the submit button.
 
If you have difficulty submitting an entry online please call +44 (0) 20 7873 3307 or email james.gunnell@FT.com to receive the application form in an alternative format.
 
Although the closing date for entries of Monday, June 18th, 2007 has now passed, late submissions are still being accepted for a short period only.  Please email gareth.pike@ft.com if you are planning to make a late submission.
 
Shortlisted organisations will be notified by email by the end of July. There may be an additional request for these companies to provide more detail of their submission.
 
For Awards enquiries:
General: James Gunnell | Telephone: +44 (0) 20 7873 3307 Email: james.gunnell@FT.com
Technical: Ashleigh Lezard | Telephone: +44 (0) 20 7321 3731 Email: ashleigh.lezard@trucost.com

Judging criteria

These inaugural awards will recognise Small, Medium and Large companies from around the world for their outstanding environmental performance. The judging panel will review the carbon efficiency of the company relative to its sector1 , both current and historical, and how the company is assessing and preparing for future risks and opportunities as a consequence of climate change. Carbon efficiency will be defined by examining the Greenhouse Gas emissions of the company relative to its sales/revenue.

Note: Question 1 must be completed as a minimum in order to qualify for the awards.
1. Environmental Performance
Please provide information on your company's Greenhouse Gas emissions2. These can be expressed individually or preferably in terms of CO2e3. Where possible, please express these emissions as carbon dioxide equivalents (CO2e) in metric tonnes. Please report emissions according to the Corporate Accounting and Reporting Standard (revised edition) of the Greenhouse Gas Protocol4. Data is required for two years only.

Please complete the following fields:

2006

 
CO2e emissions (tonnes)
Scope 1 CO2e emissions
% operations covered
Scope 1 CO2e emissions
CO2e emissions (tonnes)
Scope 2 CO2e emissions (optional)
% operations covered
Scope 2 CO2e emissions (optional)
2005
 
CO2e emissions (tonnes)
Scope 1 CO2e emissions
% operations covered
Scope 1 CO2e emissions
CO2e emissions (tonnes)
Scope 2 CO2e emissions (optional)
% operations covered
Scope 2 CO2e emissions (optional)
2004
 
CO2e emissions (tonnes)
Scope 1 CO2e emissions
% operations covered
Scope 1 CO2e emissions
CO2e emissions (tonnes)
Scope 2 CO2e emissions (optional)
% operations covered
Scope 2 CO2e emissions (optional)
Notes/Comments
 
2. Other Information
Please provide information in response to the following questions. This information will allow us to segment responses in order to allow for regional and size variations.

A. Targets

2006

 
Target
Metric used (e.g. tonnes CO2e/$Mn Sales)
2005
 
Target
Metric used (e.g. tonnes CO2e/$Mn Sales)
2004
 
Target
Metric used (e.g. tonnes CO2e/$Mn Sales)
B. Regulatory Issues

Please state how the company is preparing for regulations related to climate change.

 
Regulatory issues
Physical impacts to the company's operations
Other issues
C. Opportunities
 
Please describe the commercial opportunities facing your company as a consequence of climate change. 6
D. Strategy
 
How is your company implementing practices and innovations to meet the challenges presented by climate change? This information may include descriptions of mitigation projects, the establishment of emissions reductions targets and investment in clean technology, amongst other examples.
To what extent is your company influencing the carbon efficiency of its suppliers or users of its products or services?
How has your company influenced policy/carbon regulatory framework?
3. Company Information
Please provide information on your company's operations. This information will allow us to segment responses in order to allow for regional and size variations.

A. General

 
Name of Company
Ticker (if relevant)
ISIN
Country of Incorporation/Registration
Sector
b. Financial

2006

 
Annual Revenue/Sales
Market Capitalisation as of Financial Year End
(if applicable)
2005
 
Annual Revenue/Sales
Market Capitalisation as of Financial Year End
(if applicable)
2004
 
Annual Revenue/Sales
Market Capitalisation as of Financial Year End
(if applicable)
4. Awards Contact Information
* Title
 
* First Name
 
* Surname
 
* Position
 
Department
 
* Company Name
 
* Email Address
 
* Address
 
Address 2
 
Address 3
 
* Town/City
 
* County/State
 
* Country
 
* Postcode/ Zip Code
 
* Telephone
 
Fax
 
Mobile Number
 
* Industry
 
 
* How have you heard about these Awards?
 
 

Scope 1: Direct GHG emissions

Direct GHG emissions occur from sources that are owned or controlled by the company, for example, emissions from combustion in owned or controlled boilers, furnaces, vehicles, etc.; emissions from chemical production in owned or controlled process equipment. Please state emissions from owned sources separately from those that are controlled. To consolidate emissions from partially owned subsidiaries, please use the equity method.5

Scope 2: Electricity indirect GHG emissions

Scope 2 accounts for GHG emissions from the generation of purchased electricity consumed by the company. Purchased electricity is defined as electricity that is purchased or otherwise brought into the organizational boundary of the company. Scope 2 emissions physically occur at the facility where electricity is generated i.e. the power station.


1. Expressed as tonnes of carbon normalised to turnover

2. The six main Greenhouse Gases are carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), and sulphur hexafluoride (SF6).

3. The relative contributions of the different GHGs have been calculated using the Global Warming Potential Index published by the Intergovernmental Panel on Climate Change (IPCC), and are expressed in terms of CO2 equivalents or CO2e. In practice this means that the emission of a tonne of methane (CH4), for instance, which has a Global Warming Potential of 23, has the same global warming effect as 23 tonnes of CO2. All GHG emissions can be measured in CO2e.

4. Available at www.ghgprotocol.org . The Greenhouse Gas Protocol is the most widely accepted international carbon accounting standard, developed by the World Business Council for Sustainable Development and the World Resources Institute.

5. For example, if a company owns 20% of a subsidiary, then it is responsible for 20% of its emissions.

6. This information will be used solely for the judging of the awards and will not be shared with third parties
In order to meet the climate
change challenge, companies
around the globe must improve
their carbon efficiency. Business
must become progressively less
dependent on carbon emissions.
The first step towards this is for
companies to measure carbon
emissions and these awards will
therefore also acknowledge
transparency. The winning
companies will also have
demonstrated that they have
reduced carbon emissions in their
operations when compared to
turnover and that they are more
carbon efficient than their peers.

Simon Thomas, Chief Executive
Trucost
Reducing the carbon intensity
of our way of life is one of the
greatest challenges of our time.
Technically and economically
practical solutions are within our
reach. Politically and
philosophically we have fallen far
behind. This prize can make a
contribution by both illustrating
and rewarding what is possible
even in the absence of galvanized
global action, in the hope that
others may be inspired and
encouraged to act now.

Rachel Kyte, Director of Environment
and Social Development,
IFC
Awards such as this are
critical to maintain the business
momentum to tackle climate
change. Businesses that act now
on tackling their own emissions
will create new opportunities
to support not just their bottom
line but in the development of
their brand and their overall
corporate reputation. These
awards will be significant given
their global reach and will play a
 powerful role in sharing best
practice between business at
this important time.
Tom Delay, Chief Executive,
Carbon Trust
 
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