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World's largest investor coalition seeks further disclosure on climate change and shareholder value
Date:2/4/2008

formation to further engage with these companies on the issue of climate change.
  • 26% of investors supported shareholder resolutions for better disclosure on climate change from some companies not complying with CDP disclosure.
  • All the investors interviewed agreed that the CDP data is a valuable resource and incorporated it into their decision making process at some level.

CDP has this year requested information from over 3,000 companies, up from 2,400 in 2007. It has launched operations in five new geographies and widened its scope in many existing regions.

Global Reach

For the first time ever CDP will write to Chinas 100 largest companies, by market capitalisation. This is a key step in leveraging investor influence to support Chinese companies in measuring and disclosing their carbon emissions and climate related strategy. CDP is working with local agent SynTao to encourage Chinese enterprises to engage with these issues.

CDP will also launch new operations in Korea, Latin America, Spain and the Netherlands, where CDP operations are supported by the Dutch Environment Agency, VROM and ABP.

The Information Request

The CDP information request focuses on the following factors that may affect the value of a company:

  • Total greenhouse gas emissions
  • Regulatory risk/opportunity (e.g. limits on emissions)
  • Physical risk/opportunity (e.g. changes in weather patterns impacting operations)
  • Consumer sentiment risk/opportunity (e.g. reputation)
  • Steps taken to manage and reduce emissions

Corporations have been asked to respond to the CDP information request within four months. The individual company responses, plus analysis of the responses, will be launched in September 2008 and made available free of charge on the CDP website at www.cdproject.net.
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Contact: Joanna Lee
Joanna@cdproject.net
44-791-907-4926
Carbon Disclosure Project
Source:Eurekalert

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