Thursday, May 21, 2009

More companies are seeing the need to report carbon activity


Carbon disclosure and climate change reporting is becoming increasingly critical for investors to fully assess their risks, liabilities and opportunities within their portfolios.

The Carbon Disclosure Project (CDP), to which PwC has been appointed global adviser and report writer for the Global 500, S&P 500 and FTSE350 reports for the next three years, has now published the results of the FTSE350 companies that disclosed their activities.

The CDP initiative, now in its sixth year, provides investors with a unique analysis of how the world's largest companies are responding to the challenge of climate change. Over 380 institutional investors sign up to CDP, with combined assets under management of $57 trillion.

See full Article.