abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

18 Sep 2006

Author:
Carbon Disclosure Project

The $31.5 Trillion Question: Is Your Company Prepared for Climate Change?

$31.5 Trillion Investor Coalition, the Carbon Disclosure Project, Spurs Disclosure of Climate Change Strategies from World’s 500 Largest Companies, Including New Participants Wal-Mart, Home Depot, Boeing, Amex and Disney... The $31.5 trillion in assets behind CDP4 represents an increase of over $10 trillion (50%) from the $21 trillion behind CDP3 in 2005. Much of the increase is the result of US financial giants AIG, Goldman Sachs and Morgan Stanley joining Merrill Lynch, and other US institutional investors, to become CDP signatories... US companies appearing in the CDP4's Climate Leadership Index, which identifies best in class responses, include Chevron, Citigroup, Ford, FPL Group, GE and Marsh and McLennan... Numerous financial institutions, including AIG, Allianz and Goldman Sachs have released dedicated climate change policies in the past 12 months. Moreover, Citigroup, JP Morgan Chase, Merrill Lynch and Morgan Stanley among others have published equity research reports analyzing the financial performance of the carbon markets.

Timeline