Carbon Disclosure Project report reveals companies leading on climate mitigation
"Climate action reaches tipping point as corporate "A Listers" revealed", 4 Nov 2015
The international not-for-profit CDP - which holds the most comprehensive set of global corporate environmental data - has today issued its annual Climate Change Report on behalf of 822 investors representing US$95 trillion.The new publication includes the 2015 Climate A List, which comprises those companies identified as A grade for their actions to mitigate climate change. Nearly 2,000 companies submitted information to be independently assessed against CDP’s scoring methodology; 113 have made the list, which features brands from around the world such as, Apple, Microsoft and Google, the three largest by market capitalization.
Meg Whitman, President and CEO at Hewlett Packard Enterprise, formerly Hewlett-Packard, which has achieved A List status this year, says: “We must take swift and bold action to address the root causes of climate change. This means disrupting the status quo - changing the way we do business, holding ourselves and others accountable, and creating innovative solutions that drive a low-carbon economy.”
Companies are responding to investor needs by improving the quality of the data they report through CDP. However, notable by their absence in CDP’s analysis are Agricultural Bank of China Ltd, Berkshire Hathaway, and Facebook the three largest by market capitalization companies that have failed to disclose to investors via CDP.