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News Release

London

Inaugural CRC Performance League Table Published

Jones Lang LaSalle Houseview


London, 11th November 2011 – The CRC Energy Efficiency Scheme (CRC) Performance League Table has been published by the Environment Agency.

The Performance League Table sees participants ranked according to their early action in the scheme - specifically the amount of Automatic Metering that has been installed, and whether or not the participant is accredited to the Carbon Trust Standard. Each participant can review their scores on individual participant scorecards.

Alex Edds, Associate Director in Jones Lang LaSalle’s Energy and Sustainability team, said; “While there is no longer any direct financial consequence of a company’s position in the league table - due to the removal of the revenue recycling component – the CRC is the first mandatory scheme to rank UK companies based on their environmental ‘performance’. Therefore the Performance League Table carries with it a certain level of reputational significance.”  
 
With nearly 2,800 participants, covering all business sectors, the Performance League Table is a mix of household brand names, government departments and unrecognisable holding companies. The real estate sector in particular, due to its complex ownership structures, is dominated by banks, trustees and non-listed funds. It will therefore be difficult for many property companies to compare performance with their peers.

Alex Edds concluded; “In this first year, the Performance League Table is not so much about performance, but rather investment. The two chosen Early Action Metrics reward companies for investing in technology or accredited management programmes rather than making energy savings (although being accredited to the Carbon Trust Standard does require demonstrable savings to have been made). For this reason, over 800 participants scored 0% this year, although this doesn’t necessarily reflect the actions being taken to reduce energy consumption within those organisations. In future these metrics will be phased out, and participants will be ranked according to their actual energy performance.”