September 9, 2009—One year from its launch, the U.K.’s Carbon Trust Standard Company has certified financial services group HSBC as its 100th achiever. Over the last 12 months, the 100 Carbon Trust Standard recipients have reportedly cut their emissions by over 600,000 tons of carbon and saved over 50 million.
The Carbon Trust Standard is a mark of excellence awarded to organizations for measuring, managing, and reducing carbon emissions over time. As the 100th company to achieve the certification, HSBC follows in the footsteps of big brands such as Asda, Tesco, O2, Eurotunnel and Eversheds.
The total footprint certified by the Carbon Trust Standard reportedly accounts for 3 percent of the total carbon footprint of U.K. businesses and transport. According to Carbon Trust, achievement of the Standard not only demonstrates real carbon reduction but will also reduce the cost of these companies’ participation in the Carbon Reduction Commitment (CRC) when it comes into force in April 2010.
In order to help businesses prepare for the CRC, the Carbon Trust Standard Company says it is doubling its team of assessors to support businesses in capturing the information they need to demonstrate real carbon reduction.
For more information, see the Carbon Trust Web site.
