Burton based pub company Punch Taverns has rated in the top 40 of the newly launched FTSE CDP Carbon Strategy Index Series in recognition of its carbon reduction campaign.
Punch, recognised as industry leading for its carbon management, ranked 38 out of the 350 index and achieved an average score of 53.5% on the Carbon Scorecard used to assess carbon management performance for the Index.
The FTSE Carbon Index Scorecard is calculated using over 40 indicators in six performance areas and Punch scored highly in a number, including 66.7% on ‘Policy and Targets’, 57.9% on ‘Measurement’ as well as a top sector ranking of 78.8% for ‘Emissions Performance’ which compares favourably to other companies in the Top 40 who scored on average 65% in this area.
Punch’s carbon manager, Rachel King, said: “We’re absolutely delighted to achieve this ranking. We have placed a huge emphasis on effective carbon management across our 7,100 leased and managed pubs and at our low carbon, energy efficient support centre in Burton-upon-Trent.”
Punch has developed a carbon strategy, in conjunction with the Carbon Trust, which sets out an ambitious aim to reduce its carbon footprint by 17% by the end of 2010.
Rachel continues: “Our carbon strategy comprises a wide range of green initiatives and award winning training programmes to ensure that we are all behind our key aim to give something back to our environment through minimising waste, recycling, reducing energy wastage and ensuring our employees, pub teams and licensee partners all understand both the business and ecological benefits to effective carbon management.”
Over 700 general managers have now attended Punch’s ‘How big is your carbon footprint’ workshop whilst 410 Partners have attended a ‘Profit through energy’ workshop.
Rachel adds: “We are committed to continuing our carbon reduction campaign and benchmarking activity like this is a great opportunity for us to challenge ourselves further with even more stretching objectives and comparisons.”