James Bevan, Chief Investment Officer at CCLA, a CDP investor member, added, “The risks associated with climate change call for leadership from politicians, investors and businesses. CDP’s A List and our own “Aiming for A” initiative help investors with this stewardship challenge. We’re currently focusing on the ten largest UK extractives and utilities companies, and are delighted to see Centrica and SSE join CDP’s 2014 A list. Following AGM questions last year, we’ll be moving on to filing supportive shareholder resolutions focusing on the London-listed oil and gas majors in 2015.”
The largest leading companies by market capitalization include Apple Inc., Microsoft Corporation and Google Inc. Almost half of the climate performance leaders are headquartered in Europe, with a further third located in USA or Japan. More than a quarter of the Spanish and Belgian companies that took part in CDP’s climate change program were awarded an A, proportionally giving Spain and Belgium the most leaders. Portugal, the Netherlands and South Korea have also performed well in this regard.
Canada, Switzerland and Australia have small proportional representation on the leader board. Of those corporations that failed to disclose vital climate change data, the three largest in terms of market capitalization are Berkshire Hathaway, Amazon.com Inc. and Comcast Corporation.
The A List: CDP Climate Performance Leadership Index 2014, along with the climate disclosures of all companies publicly taking part in CDP’s climate change program this year is available on CDP’s A List landing page:
https://www.cdp.net/en-US/Pages/events/2014/cdp-leaders.aspx
Source: CDP.
About CDP
CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 767 institutional investors with assets of US $ 92 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them. CDP now holds the largest collection globally of primary climate change, water and forest risk commodities information and puts these insights at the heart of strategic business, investment and policy decisions. For more information, visit www.cdp.net.
