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Report says carbon management becoming a "strategic business priority" - says Siemens, Deutsche Post, BASF, Bayer, Samsung top 5 firms for carbon disclosure

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20 September 2010

Climate change climbs boardroom agenda among leading global firms

Author: Carbon Disclosure Project

Carbon management is becoming a strategic business priority and competitive driver for the largest global companies, despite the lack of global agreement on climate change. These are among the findings of the 2010 Global 500* report and leadership index released today by the Carbon Disclosure Project (CDP), produced by PwC and sponsored by Bank of America Merrill Lynch. [Top five global leaders for carbon disclosure and performance: BASF, Bayer, Deutsche Post, Samsung Electronics and Siemens]

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20 September 2010

U.S. companies lag global ones on carbon disclosure

Author: Reuters

European companies are working harder at disclosing their financial risks associated with greenhouse gas emissions than North American companies, according to an annual report. Every year for the last decade, the Carbon Disclosure Project has asked 500 global companies on behalf of 534 institutional investors representing more than $64 trillion of assets under management, to measure and report their emissions. It also asks them to assess how climate change would affect their future financial health. In this year's survey, Europe had 20 percent of the best performing companies in the CDP's global list of 500 companies who are taking action to outline the risks, while North America only had 6 percent...CDP said the global companies that disclosed their risks the best in 2010 were Siemens AG, Deutsche Post, BASF, Bayer and Samsung Electronics.

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31 August 2010

[PDF] Carbon Disclosure Project 2010 Global 500 Report

Author: PriceWaterhouseCoopers, Carbon Disclosure Project

In 2010, the CDP asked the world’s 500 largest public companies in the FTSE Global Equity Index Series...to demonstrate that they are taking action on climate change. This report, prepared by CDP’s global adviser, PricewaterhouseCoopers (PwC), analyzes the responses from those corporations. The CDP responses of 2010 suggest there has been a shift in emphasis from an approach dominated by risk, to one that now also embraces opportunity...This year, CDP recognizes 48 Global 500 companies in its new Carbon Performance Leadership Index (CPLI). As the level of understanding of climate change and its challenges for business has improved, so have the number of companies taking positive action to mitigate the risks of climate change. The CPLI recognizes companies that are taking action to reduce global emissions by listing the companies with the highest performance scores.

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