Oxford (PRWEB UK) 25 October 2013
Electrocomponents plc (LSE:ECM), the world’s leading high service distributor of electronics and maintenance products, has significantly improved its carbon disclosure score as reported by the Carbon Disclosure Project (CDP) in its FTSE 350 Climate Change Report 2013. The company was second in its reporting category with a score of 86, up from 77 in 2012. The Group’s carbon rating was joint-top in its reporting category. The scores reflect its strong approach to climate change disclosure, climate strategy and to energy and emissions management.
CDP represents 722 institutional investors with US$87 trillion in assets, and is increasingly seen as the corporate benchmark for greenhouse gas emissions reporting. Its FTSE 350 Climate Change Report provides an annual update on emissions data and climate change strategies at the UK’s largest public companies. The carbon disclosure score assesses the completeness and quality in a disclosure of a company’s carbon emissions. A high score indicates that a company has provided comprehensive information about the measurement and management of its carbon footprint, its climate change strategy, risk management processes and outcomes.
The increase in Electrocomponents’ disclosure score is based on continuing improvements in the scope and quality of its emissions reporting processes as well as the discussion of forward looking climate change risks within the context of its strategy. The carbon performance rating reflects the company’s targeted approach to energy management and efficiency to reduce its carbon emissions and to deliver cost savings.
Ian Mason, Group Chief Executive, Electrocomponents commented: “This is a great result for our business. By improving how we measure our environmental risk, we are better able to manage it. This demonstrates our commitment to continue to evolve as a sustainable business.”
About Electrocomponents plc
Electrocomponents is the world’s leading high service distributor of electronics and maintenance products. With operations in 32 countries, we offer more than 550,000 products through the internet, catalogues and at trade counters to over one million customers, shipping around 44,000 parcels a day. Our products, sourced from 2,500 leading suppliers, include electronics, automation and control, test and measurement, electrical and mechanical components.
RS Components and Allied Electronics are the trading brands of Electrocomponents plc. The Group is listed on the London Stock Exchange and in the last financial year ended 31 March 2013 had revenues of £1.24bn.
For more information, please visit the website at http://www.electrocomponents.com.
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