SCA has received The New Economy Carbon Leadership Award 2010 for best carbon reporting in Sweden. The award is hosted for the first time by British World News Media magazine "The New Economy".
The New Economy Carbon Leadership Award recognizes 39 global companies from 20 countries who have reached highest levels of excellence in carbon reduction and carbon reporting. "The winners are those who have gone far beyond their formal requirement for regulatory and voluntary frameworks. They are fully transparent in their disclosures and have shown best practice when interacting with investors and stakeholders", explains Nelson Black, Project director for the awards.
With regards to the awards criteria, each criteria was scored up to 100 points. SCA overall score was 470 out of 600 which was one of the highest scores in Scandinavia.
In an article, Patrik Isaksson, Vice President of Environmental Affairs at SCA, gets to explain the reasons behind the award. "The resource management system (RMS) of SCA plays a crucial role in the company’s ability to make continuous reductions of its CO2 emissions."
The system is designed in-house and deals with the systematic collection, analysis and presentation of many different sustainability data from SCA’s operations worldwide. The system has been in place since the late 1990s and it is verified each year by a third party.
In addition to that, SCA began a group-wide effort to reduce the CO2 emissions as early as 2001 and in 2008 a quantified CO2 target was formulated.
