Reed Elsevier has once again been commended by the Carbon Disclosure Project (CDP) – which represents 551 institutional investors with $71 trillion in assets under management – for its approach to the disclosure of climate change information.

Reed Elsevier has reported to CDP since 2006 and has featured in the Carbon Disclosure Leadership Index since it was introduced in 2007.  The Leadership Index, a key component of CDP’s annual FTSE 350 Report, highlights companies with advanced climate change disclosure, governance, and understanding of climate-change related issues affecting the company.  Compiled by PwC on behalf of CDP, in 2011 it comprises 36 companies from the FTSE 350 Index.  The Leaders Index is a useful tool for institutional investors and other stakeholders to evaluate companies based on their climate emissions, risks and opportunities.

Mark Gough, global environment and health & safety manager, Reed Elsevier said:  “Inclusion in the Carbon Disclosure Leadership Index reflects the activity of our Environmental Champions who provide robust and verifiable data needed for reporting, which also forms the basis of our internal improvement efforts.  We have a positive impact through the environmental information we produce which informs debates, aids decision makers, and encourages research and development.”

Paul Simpson, chief executive officer of the Carbon Disclosure Project, commented: “Companies that make the Carbon Disclosure Leadership Index have demonstrated good internal data management practices for understanding greenhouse gas emissions. Those organisations that give clear consideration to measuring and reporting on climate change issues will be best placed to capitalise on the opportunities from managing them.”

The FTSE 350 Report highlighting companies featured in the Carbon Disclosure Leadership Index can be found at www.cdproject.net.