The Carbon Disclosure Project (CDP) released this week its fifth Global Corporate Climate report in New York. The first Swiss CDP survey will be unveiled on 5 December 2007 jointly by Ethos and Pictet Asset Management in Geneva.
The Carbon Disclosure Project (CDP) is the largest collaboration of Institutional Investors worldwide with assets of USD 36,000 billion. In the presence of Bill Clinton this week in New York it released its fifth annual global report, providing the largest database of strategies on companies’ carbon emissions.
Global CDP Report Findings: The global report is based on responses provided by corporations within the Financial Times sample of the 500 largest listed companies globally (FT500). The report concludes that the world’s corporate giants have made significant progress in understanding and disclosing their positions relative to the risks and opportunities associated with climate change. In particular, the report highlights a narrowing gap between climate awareness and action among theses companies.
First CDP Swiss Report: For the first time in Switzerland the CDP survey was conducted among the 50 largest firms, under the patronage of the Ethos Foundation and Pictet Asset Management. It is particularly encouraging to note that among the 50 companies contacted, 35 companies (78%) reacted positively to the CDP request, thereby positioning Switzerland amongst the countries with the highest reply score. The Swiss CDP report, written by Centre Info, will be presented in Geneva on 5 December 2007 in the presence of several companies, as well as political and scientific figures.
