Last week we talked about TRI and KLD, however this week we are adding onto those findings by utilizing information from the formally known Carbon Disclosure Project (CDP). This UK based nonprofit provides investors with information related to carbon emissions. This allows investors to make more informed decisions with regards to the environmental performance of specific companies. An article published by the Environmental Leader discusses the increase in companies disclosing their environmental risk factors, including emissions. In the article it says that, according to CDP, there has been an eight-fold increase in the companies that quantify their emissions in terms of economic value. This all comes about from a desire of investors to know the environmental performance of companies and the desire of companies to provide information and reduce emissions. In the current political climate, cutting back on emissions is not a priority, and companies can seemingly get away with more than in the past. However, companies are still going forth with reductions, and it will be interesting to see whether this deregulation or investors carries more weight.
Article: https://www.environmentalleader.com/2017/10/174571/
Group members: Hogan Fenster, Zoe Robertson, Destiny Tafoya, Grant Sugimura, Vitor Takasu
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