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Investors Worth $87 Trillion Demand Carbon Risk Disclosure

Feb 11, 2013
(RTCC)

A record 722 investors worth $87 trillion have called for businesses to report their greenhouse gas emissions and climate change plans, according to the Carbon Disclosure Project (CDP).

The CDP provides a platform for companies to uniformly report their carbon emissions and the actions they will take to mitigate them.

To launch its 2013 round of reporting it asked investors to sign up to its program, with a record high number of signatories and a larger geographic spread taking the plunge.

New members from Brazil and Taiwan joined the call for more than 5000 businesses to submit their data to the CDP.