In the run up to World Water Day on March 22, CDP’s head of water looks at why businesses in emerging markets should be addressing water risks.
UNFCCC Executive secretary Christiana Figueres explains why resilient suppliers are good for business.
If there is one thing that climate change teaches us, it is that we cannot prosper in isolation. No one country can ignore atmospheric science, or the reality that our collective greenhouse gas emissions will dictate whether or not we risk tipping the world towards dangerous climate change.
Congratulations to Cascais, Cleveland, Edmonton, Goiania, Johannesburg, Las Vegas, Paris, Sydney, Venice, and Yokohama! Out of over 200 cities that took part in CDP’s cities program in 2014, these ten score the best for the quality and completeness of their environmental risk reporting. To highlight their achievement, CDP has created in-depth InFocus reports for each city.
By Rob Moore, municipal bond specialist and consultant at CDP and Robert Fernandez, Vice President of Credit Research at Breckinridge Capital Advisors
The U.S. municipal bond market had a rip-roaring 2014, a year characterized by low interest rates and global instability according to many market analysts. But 2014 can also be characterized by a watershed that is missing from most municipal market analyses: it was the hottest year on earth ever recorded. Climate change continues, and its impacts can present significant risks for municipalities and municipal bond investors. How can analysts begin to assess the impacts?
Amid growing popular concern and political attention on climate change, the first ever global divestment day will encourage institutional investors to divert funds away from companies linked with fossil fuels. Divestment is one of the most potent signals of investor discontent and can be a valuable method to manage portfolio risk. However, my experience as a business entrepreneur and founder of a non-profit dedicated to achieving sustainable economies leads me to consider whether divestment can truly lead us to a low-carbon future. The landmark event occurs across two days, including the date famously dedicated to Saint Valentine; whether we worship planet or profit, should shareholders love or leave oil?
CDP’s new auto league report is the first in a series of investor-focused research looking at high-emitting sectors.
The deadline to agree a global deal to tackle dangerous climate change is fast approaching and regulators are increasingly looking for ways to cut emissions and secure their economies against climate shocks. Setting standards for cars and trucks will be key to realizing these goals. According to the United Nations, emissions from the transport sector expanded at a faster rate than any other energy-intensive sector over the past decade. Policymakers in EU, the US and China – the world’s three largest car markets – are already paying heed to this growing risk.
As 2015 gets underway, Katie McCoy, head of forests at CDP, looks at the major trends in corporate deforestation risk management that investors should be aware of.
As landmark years go, 2015 is shaping up to be a significant one in the energy world. The true impact of the on-going slump in oil prices, which began last year, is still unclear; but it could potentially shape key climate policy decisions in the coming months. For renewables, however, the future looks much brighter.