Pension funds and other asset owners have historically had a limited capacity for detailed ESG proxy research on the companies in which they invest, and consequently asset managers receive varied guidelines for proxy voting. The sheer volume and complexity of holdings and companies made it an endless task.
Are global chemical companies innovating for a low-carbon future?
Investors are increasingly waking up to the reality that their portfolios are exposed to numerous climate-related risks, and crucially, are taking steps to address this. Organizations such as the Portfolio Decarbonisation Coalition (PDC) have been gaining momentum, the PDC now has US$40 billion assets under management, and there has been increased action by some asset owners to divest from high impact sectors.
CDP’s work with cities began five years ago as a natural extension of our work with investors and companies: a request for disclosure of greenhouse gas (GHG) emissions, and assessments of climate risks and opportunities. We provide a globally standardized platform, refined over 15 years, to guide disclosers in developing robust climate-change strategies. The resulting data now informs institutional investors’ portfolios all around the world, helps companies benchmark their climate progress against their peers, and inspires cities to do more.
Climate change is a hot topic, especially in the investment community. Trustees and CIOs around the world are struggling to develop a point of view on climate change, not least what to do about it in investment terms.
Our new study, developed in collaboration with 18 investors, provides a new tool to help. Read on to discover the “big questions” we tackled, and what we learned.
There was encouraging news this week as the New Climate Economy (NCE) published research showing that the decarbonization of our global economy is possible at the same time as securing growth. NCE commissioned CDP to analyze evidence on corporate ambition and action on climate change. Our insights and CDP data inform the business and investor section of the new report.
It’s in the food we eat, the clothes we wear and the groceries we buy. For the public, there is no getting away from the fact that much of what we consume is made with or derived from commodities that are known to be drivers of deforestation, like palm oil, soy, timber and cattle. Furthermore, according to analysis by Forest Trends, most of the commodities produced and exported into the global market are products of illegal deforestation.
By Lance Pierce, President, CDP North America & Paula DiPerna, Special Advisor, CDP North America
The United Nations announced last week during the Bonn climate negotiations that it would take six European oil and gas companies up on their offer of support to establish a global carbon-pricing system. The proposal, which came from firms including Royal Dutch Shell and Total SA, was both unexpected and encouraging. But its significance transcends corporate policies.
CDP is developing a new, publicly available estimation methodology and a separate greenhouse gas emissions dataset for 1,300 of the world’s highest-emitting public companies
The world’s governments are currently meeting in Bonn to address the challenge of reducing global greenhouse gas (GHG) emissions in order to limit atmospheric warming to 2° Celsius. Elsewhere in Germany, in Bavaria today the G7 will tackle climate change and energy.