The Carbon Disclosure Project, focused on the business implications of climate change, is now inviti...
The Carbon Disclosure Project, focused on the business implications of climate change, is now inviting institutional investors, such as insurers, to participate as signatories to the CDP4 information request. The project involves institutional investors collectively signing a single global request for disclosure of information on greenhouse gas emissions. The 155 signatories to its third information request (CDP3) represented over $21tn (£11.8tn) in assets, a doubling from CDP2 which involved 95 investors with assets of $10tn.
This increased interest from the investment community, was coupled by a record 71% disclosure rate to the information request sent to the Financial Times Global 500 companies on 1 February 2005 - pointing to the elevation of climate change as a critical shareholder value issue in the minds of both investors and corporations.
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