Sometimes, itâ€™s the little things â€“ like adjustments to lighting, or heating and cooling systems in office buildings, among other things â€“ that have a big impact.
This week, the Carbon Disclosure Project, the worldâ€™s largest database of primary corporate climate change information, released its yearly ratings of participating companies, and Broadcom is proud to report a substantial improvement in its performance.
For the fifth consecutive year, Broadcomâ€™s disclosure score has improved â€“ jumping to 92 this year, up from 82 in 2012, and a letter grade of B. The score is determined by a number of factors, including transparency about measuring and managing a companyâ€™s carbon footprint, climate change strategy, and risk and opportunity assessment processes and outcomes.
â€śWe have made great strides toward proactively managing our environmental footprint and we continue to implement long-term programs to cut greenhouse gas emissions, water use, energy use and waste production,â€ť Broadcom President and Chief Executive Officer Scott McGregor said. â€śWe also actively encourage our employees to identify new opportunities to improve operational efficiency.â€ť
Based upon the results listed inÂ CDPâ€™s S&P 500 Climate Change Report 2013, Broadcom showed a higher disclosure score than Qualcomm, Texas Instruments and Intel.
Broadcom also has shown the strongest year-over-year improvement compared to its competitors, improving by 92 percent since 2009, the year Broadcom began reporting.
Among the biggest successes for Broadcom has been the overall reduction of energy use and operating costs across our business through targeted energy efficiency measures.
That has translated into a new highlight on the CDP report: Net reduction of harmful greenhouse gas emissions weighted against different metrics, including meaningful reductions per employee, per square foot of leased space and per million dollars of revenue.
TheÂ Carbon Disclosure ProjectÂ (CDP) is the worldâ€™s largest repository for corporate climate change information. Some 80 percent of Fortune 500 companies disclose their climate change strategies and greenhouse gas emissions to the CDP.