Energy and Climate Report provides current, thorough coverage of clean energy, efficiency, and climate change legislation, regulation, policy, legal developments, and trends in the U.S. and...
A coalition of hundreds of institutional investors has asked more than 5,000 companies to disclose their greenhouse gas emissions, plans for addressing climate change risks, and other environmental data, the Carbon Disclosure Project said Feb. 11.
CDP sent a questionnaire on behalf of investors requesting information on emissions-reductions targets, energy use, and supply chain emissions. Companies have until May 31 to respond to the request, and CDP will release the data in fall 2013. Investors use the information for investment, lending, and insurance analysis, according to CDP.
CDP asks the largest companies globally by market capitalization to complete the questionnaire. More than 3,000 companies responded to the CDP questionnaire in 2012, including more than 81 percent of companies in the Global 500. The 2012 report found that about 78 percent of the world's top 500 global companies are integrating climate change into their business strategies, and 82 percent set emissions-reductions targets (177 DEN A-2, 9/13/12).
CDP is a nonprofit organization representing 722 investors with $87 trillion in assets, which is approximately one-third of global invested capital. CDP works with companies to measure and disclose environmental information, and the organization holds the largest collection of self-reported corporate climate information.
More investors are requesting information about water risk and exposure to deforestation risks in 2013, according to CDP.
A total of 530 investors that have partnered with CDP are asking companies to disclose water risk information, and 184 investors are requesting information about exposure to deforestation risk through use of five commodities that contribute to deforestation--timber products, palm oil, soy, cattle products, and biofuels.
CDP is sending the water questionnaire to the largest companies from industries that are water-intensive or are particularly exposed to water risk in their supply chains, including 3M Co., Amazon.com Inc., Boeing Co., Coca-Cola Co., Halliburton Co., and Wal-Mart Stores Inc.
The deforestation questionnaire is being sent to more than 780 companies that have operational or supply chain risks related to timber products, palm oil, soy, cattle products or biofuels.
Companies have until June 27 to submit information on water and deforestation risks.
CDP said in a statement that the increasing interest by investors in water and deforestation information further demonstrates that “natural capital is increasingly understood to be of material value to the global market.”
The number of investors that are part of CDP has increased by 10 percent from 2012, when CDP had 655 investors as members or signatories. CDP members include Aviva Investors, Calvert Investments, Morgan Stanley, and Schroders.
By Avery Fellow
The 2013 CDP Climate Change Questionnaire is available at http://bit.ly/U6dB88.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)