ASrIA - Press releases & notable news

Carbon Disclosure Project, The World's Largest Investor Coalition Seeks Further Disclosure on Climate Change and Shareholder Value

The Carbon Disclosure Project (CDP) a collaboration of 385 institutional investors, with assets under management of $57 trillion, has issued its 2008 information request to the world’s largest corporations. This asks companies to measure and disclose their greenhouse gas emissions and report on their strategy for dealing with risks and opportunities associated with climate change.

In the 2008 request, CDP will, for the first time ever, write to China’s 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 others.

The resulting information will be held on the CDP website, the largest database in the world on corporate climate change information.

To download the full press release:
http://www.asria.org/news/lib/CDP press release.pdf

In the 2007 report, ASrIA worked with CDP to survey 166 Asian listed companies. In 2008, we expect the total list of Asian ex-Japan countries to be surveyed to grow to roughly 430 companies, including 100 in China, 200 in India and 50 in Korea.

For a copy of last years the Carbon Disclosure Project Report 2007 Asia ex-Japan see:
http://www.asria.org/publications/lib/CDP_report2007.pdf

The deadline for responses to the questionnaire is May 31st 2008.


News & Events	Press releases & notable news	Printer-friendly version

News Index Search for news: Advanced Search	Carbon Disclosure Project, The World's Largest Investor Coalition Seeks Further Disclosure on Climate Change and Shareholder Value Date: February 14, 2008 The Carbon Disclosure Project (CDP) a collaboration of 385 institutional investors, with assets under management of $57 trillion, has issued its 2008 information request to the world’s largest corporations. This asks companies to measure and disclose their greenhouse gas emissions and report on their strategy for dealing with risks and opportunities associated with climate change. In the 2008 request, CDP will, for the first time ever, write to China’s 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 others. The resulting information will be held on the CDP website, the largest database in the world on corporate climate change information. To download the full press release: http://www.asria.org/news/lib/CDP press release.pdf In the 2007 report, ASrIA worked with CDP to survey 166 Asian listed companies. In 2008, we expect the total list of Asian ex-Japan countries to be surveyed to grow to roughly 430 companies, including 100 in China, 200 in India and 50 in Korea. For a copy of last years the Carbon Disclosure Project Report 2007 Asia ex-Japan see: http://www.asria.org/publications/lib/CDP_report2007.pdf The deadline for responses to the questionnaire is May 31st 2008.