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Carbon Disclosure Project (CDP)

The Carbon Disclosure Project (CDP) is a UN initiative launched in 2000 in order to provide climate change solutions through the disclosure of significant information for the taking of business, political and investment decisions. CDP analyses the policies and actions of the largest companies worldwide in relation to climate change and provides significant information for its 534 institutional investors, with assets valued at $64 billion.

Participating companies complete a questionnaire that is subsequently used to generate annual reports as to how the leading companies worldwide have assessed the risks and opportunities associated with climate change and how they are coping with them.

In 2010 Telecinco participated in a CDP enquiry process and reported its greenhouse gas emissions and information connected with climate change. The results were recorded in the report: “Carbon Disclosure Project 2010 Spain: the top 85 companies in terms of capitalisation” which may be accessed at: http://www.ecodes.org/docs/ CDP10Spain.pdf

Socially responsible investment

Once again this year Telecinco formed part of the FTSE4Good Ibex, which reviews twice a year and recognises the levels of environmental management, human rights and labour policy and compliance with certain standards in relation to working conditions in the supply chain, rejection of corruption etc.

Moreover, Telecinco continues to fgure on the list of companies eligible to invest in a socially responsible manner, which is prepared by Triodos Bank.

In 2010 Telecinco formed part of the eleven Spanish companies on the list of the 100 most sustainable Spanish companies in the world according to the Global 100 Sustainable Performance Leader which is prepared annually by the US Company CDR Analytics.

Participation in the GRI task force

In 2009 the task force was established to prepare a media guide, setting out the principles of sustainability of the Global Reporting Initiative. This task force is made up of nine international communications groups – including Telecinco, eight NGOs devoted to overseeing the working conditions of the sector’s professionals, the journalism studies programme of Fundación Javierana and the AVINA Colombia and Nuevo Periodismo Iberoamericano Foundations.

In 2010 meetings were held in New York (Riskmetrics head ofce), Paris ( Vivendi head ofce), Berlin (Bertelsmann head ofce), during which the main indicators were defned and submitted for initial public consultation following which the comments received were included in the draft. During the group’s fnal meeting, work continued on the defnition of indicators, setting specifc objectives. The process is currently in the second stage of public consultation.

Sustainable Management

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