Global corporations view climate change as a driver of risk and opportunity and have cited clear regulation as key to managing the impacts, in this year’s findings from the

Carbon Disclosure Project (CDP), which includes exclusive data from 1550 of the World’s major companies on greenhouse gas emissions and climate change related strategies.  

For Global 500 companies reporting to CDP, a backdrop of regulatory uncertainty is delaying strategic investment decisions and senior management are calling for greater visibility on climate change related policy in order to better anticipate the impact of regulation driven carbon markets and carbon prices.

Despite the uncertainty with regard to regulation the majority of global companies are acting to reduce their emissions. 74% of Global 500 companies reporting to CDP are now reporting emissions reduction targets, showing companies are increasingly taking climate change mitigation seriously.

The findings from CDP, which represents some 385 institutional investors with $57 trillion in assets under management, also revealed the Utilities sector within the

Global 500 to be the most transparent in their reporting of greenhouse gas emissions, with 93% responding to CDP. In contrast the Oil and Gas sector (an early adopter of carbon reporting) performed relatively poorly with a response rate of just 69%.

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

Download the full Report...HERE (PDF)