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KPMG tops carbon list for second year in a row

KPMG most carbon friendly of the Big Four according to carbon reduction commitment annual league table

26 Feb 2013 Accountancy Age

By Rachael Singh

Cooling towers at nuclear power plant

KPMG is the most carbon-efficient firm out of the Big Four according to an Environment Agency league table of the largest organisations in the country.

The firm ranked higher than any of the Big Four for the second year in a row, in the government league table of the largest companies carbon emissions.

KPMG managed to increase their ranking to 38 from 99 last year. They were closely followed by Deloitte which was ranked 76 (296 in 2012), PwC came third with a ranking of 109 (161 in 2012), and Ernst & Young fell to the 315 spot (228 in 2012).

The government initiative Carbon Reduction Commitment Energy Efficiency Scheme (CRC), forces companies to pay for and report on their carbon emissions related to energy use.

Businesses are then ranked against other organisations in a league table published annually, with about 2,100 included in the scheme.

Other organisations to feature in the table include, HMRC which increased its ranked position to 737 from 1,301 the previous year. HM Treasury slipped to 171 from 98; collapsed investment bank Lehman Brothers made a dramatic climb to 244 from 782; The Insolvency Service moved up to 125 from 998. However, the Environment Agency slipped further down the list to 971 from 275.

The CRC scheme is mandatory for all UK companies that pay about £500,000 on their annual energy bills. 

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