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Article

20 Sep 2006

Author:
Association for Sustainable and Responsible Investment in Asia (ASrIA)

Carbon Disclosure - Asia at the Starting Gate

...since 2003, the Carbon Disclosure Project (CDP) has, on behalf of an increasing number of institutional investors, requested disclosure on carbon risk and management from 500 of the largest global companies by market capitalisation...In general, Asia's largest listed companies, excluding Japan, lag their global counterparts in reporting on a broad range of environmental, social, and governance risks. As a result, making progress on corporate disclosure of carbon emissions by Asia's corporate leaders is now a priority for global investors. This year, CDP extended the information request to over 2000 companies, which included 125 of some of the largest companies in Asia, covering nine countries: China including Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. The CDP4 Asia ex-Japan report...presents the analysis and findings relevant to the responses of these Asian companies.