The Carbon Disclosure Project (CDP), a collaboration of over 315 institutional investors with assets under management of more then $41 trillion, released today its Fifth Annual Report on Global Climate Change. CDP has sent a questionnaire to the world’s largest publicly-owned companies each year since 2002, which elicits detailed information on the risks and opportunities posed to the companies by climate change. The companies’ responses to the questionnaire, and an analysis of the responses, will be published today in the CDP reports and on the CDP website. RiskMetrics Group is honored to have authored the U.S. S&P500 Report.
The S&P500 Report summarizes key trends identified in S&P500 companies’ responses to the CDP5 survey and highlights commercial risks and opportunities that climate change is presenting to these widely held firms. Through increased support and improved quality of responses, CDP5 shows that the private sector in the US is increasingly engaged in addressing the global challenges presented by climate change.
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