A man cycles away from us along a dirt road with a wind turbine looming in the distance
Low-carbon landscape: the Climate Leaders list is a snapshot of companies that are cutting their emissions intensity © Bloomberg

For the second time, the Financial Times and Statista, the German data provider, are compiling a list of Asia-Pacific companies that have achieved the greatest reduction in greenhouse gas emissions intensity.

The aim is to highlight the businesses whose GHG emissions intensity — that is, emissions relative to revenue — fell the most between 2016 and 2021. The list will be published in a print supplement of the Financial Times in mid-2023 and online at ft.com. A sister list covering European companies can be found here.

All Asia-Pacific companies with a minimum revenue of $50mn in 2021 are eligible for consideration (see below for the full list of eligible countries). 

In order to participate, we invite you to fill out a short questionnaire about your company’s GHG emissions for all available years between 2016 and 2021, and its revenue over the same period (or, for banks, the net interest income). We also ask you to send us a data verification form, which needs to be downloaded and signed.

As in this year’s inaugural edition, eligibility for the list will be determined chiefly by the compound annual reduction rate (CARR) in the intensity of Scope 1 and Scope 2 emissions, which arise respectively from a company’s own operations and from the energy it purchases.

But the 2023 list will take account of other factors too. While Scope 1 and 2 emissions are relatively easy to measure, they are typically dwarfed by so-called Scope 3 emissions, which occur elsewhere in the value chain, are far harder to quantify — and are coming under close scrutiny from investors, regulators and campaigners. To reflect this, businesses’ transparency on Scope 3, together with their performance as assessed by climate standard-setters CDP and SBTi, will also contribute to their final score.

Potential candidates will be contacted by Statista or can put their name forward at the Statista website, which also has more information about the methodology, conditions of participation and useful contacts.

Why should my company participate?

▩ NEW BUSINESS OPPORTUNITIES

Inclusion in the Asia-Pacific Climate Leaders list will be a visible and public acknowledgment of your company’s environmental performance that extends far beyond your specific industry and country. It will also generate attention for your business on the part of potential partners, customers, employees and investors around the world.

▩ EFFECTIVE MEDIA COVERAGE

The full list will be published in a special report (a supplement within a weekday edition of the FT newspaper), and online at ft.com. The report will also include articles by FT journalists on interesting companies, sectors and trends within the sustainability field.

▩ REPUTATION

All companies that make it on to the list may use the award logo for marketing purposes¹.

▩ ACCESS TO MORE THAN 1M FACTS

All participants that provide us with data on their GHG emissions and revenue will receive a free two-week Statista corporate subscription trial — irrespective of whether or not they are among the companies listed in the ranking.

¹ The use of the label and the word-and-image logo “Asia-Pacific Climate Leaders 2023” for marketing purposes is subject to a one-off payment of a licence fee. Inclusion in the ranking, however, is completely free of charge.


Who is eligible?

To be considered for inclusion in the list your company must meet the following criteria:

  • Revenue of at least $50mn generated in 2021¹

  • Must be headquartered in the Asia-Pacific region²

  • Must report emissions data independently

  • In case a CDP rating is available, the score must be at least B-³

¹ Currency value equivalent as of 31/12/2021.

² Eligible to participate are all companies from the following places: Australia, Hong Kong, India, Indonesia, Japan, Macau, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam.

³ For companies with emissions of over 2mn tonnes CO₂-equivalent, a CDP rating of at least A- is mandatory.

How do I register?

STEP ONE: ONLINE REGISTRATION

Please register with Statista online here by January 15 2023; the form can also be switched to Japanese. Alternatively, you can download the form — which is also available in Japanese — and send it to climate-apac@statista.com upon completion.

STEP TWO: DATA VERIFICATION

Your emissions and revenue data need to be verified. The necessary form — which is also available in Japanese — must be downloaded, signed in person by a managing director or a member of your executive committee (chief executive or chief sustainability officer), and then sent to Statista by email, fax or mail. All necessary address details can be found on the form.


Contact details

Should you have any additional questions or would otherwise like to contact us, please email climate-apac@statista.com

Copyright The Financial Times Limited 2022. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Follow the topics in this article

Comments