Energy Productivity Index for Companies
In the context of the work of a G20 working group dedicated to energy efficiency finance UNEP-FI, PRI and CERES mobilised investors managing close to $4 trillion to support the G20 Energy Efficiency Investor Statement and over 100 banks from 42 countries supporting a parallel Statement on Energy Efficiency.
Towards implementing the Energy Efficiency Investor Statement also presented at COP21, Climateworks Australia in collaboration with CalSTRS have developed a tool to help investors identify and engage with companies for whom improving energy efficiency represents a material opportunity. It is the world's first global energy productivity benchmark for listed industrial companies and it analyses the energy productivity of 71 global listed industrial companies across six sectors – airlines, automobile manufacturing, chemicals, construction materials, paper and steel. Analysis primarily drew on reporting data from CDP (formerly known as the Carbon Disclosure Project) and built on previous research undertaken for Australian companies as part of the Energy Management and Company Competitiveness project.
Consultation on the tool with investors is open until January 27th and the results will be presented in a series of webinars in Australia, North America and Europe.