BSR Insight | CDP’s Global 500 Survey Highlights Gap Between Intentions and Results
About the Author(s)
Andrew Matthews, Associate, Advisory Services
Publication Date
September 18, 2012
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Of the 81 percent of Global 500 companies that responded to the Carbon Disclosure Project's (CDP) annual report on company disclosures on climate change, 78 percent had integrated climate change into their corporate strategies.
The results indicate that companies not proactively managing climate sustainability are in a thinning minority. However, despite the intentions of those that did disclose, only 40 percent reported reductions that resulted from dedicated emissions-management activities, highlighting the organizational and financial challenges associated with managing energy and emissions in growing global companies. Furthermore, companies responding to the CDP had, on average, set targets to reduce their emissions by only 1 percent each year—not nearly enough to stave off further global warming.
The BSR Conference will explore climate change during the session "Climate 2.0: The Widening Scope of Leadership," featuring Casey Harrell of Greenpeace, Alex Liftman of Bank of America, and BSR's Dunstan Allison Hope. To learn more about climate sustainability, read BSR's recent Insight article or contact Ryan Schuchard.
About the Author(s)
Andrew Matthews, Associate, Advisory Services
With a background in international development and emerging markets corporate strategy, Andrew brings global, cross-sector experience to BSR's Advisory Services team... Read more →
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