articles Corporate /en/research-insights/articles/best-practices-in-corporate-climate-disclosure-how-the-leaders-are-leading content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In This List
S&P Global

Best Practices in Corporate Climate Disclosure

S&P Global Market Intelligence

Facial Recognition Regulation Grows Amid Privacy Concerns

S&P Dow Jones Indices

Considering the Risk from Future Carbon Prices

S&P Global Platts

Index-based Blockchain Making the Container Industry Smarter

S&P Global Ratings

'BBB' Downgrade Risks in EMEA Nonfinancial Corporates


Best Practices in Corporate Climate Disclosure

Across the globe, companies have acknowledged that action is needed to combat climate change, and many are recording and disclosing their carbon emissions. While the number of companies reporting emissions continues to increase, actions are not aggressive enough to slow climate change. Trucost research shows that although the carbon reduction targets set by top global companies in 2016 seem quite large (1.0 GtCO2e), they actually account for only 16 percent of the reduction needed by 2100 to keep the global temperate rise below 2 degrees Celsius, as specified in the Paris Agreement. This is the widely accepted limitation of temperature growth to avoid significant, even potentially catastrophic, changes to the planet.

Trucost reviewed how 2,500 of the world’s largest companies are reporting on their carbon emissions and managing the climate-related risks that may have financially material implications. Using the analogy of a mountain climb, Trucost considered where companies are on their climate risk management journey by placing them in one of four categories: on the couch; gear packed; at base camp, and, for those who have made significant strides, near summit. Results are summarized below, illustrating the corporate climate journey around three climate-related risks: supply chain risk management, carbon pricing risk management, and climate-related financial disclosure in line with the Task Force on Climate-related Financial Disclosures (TCFD).1

Read the Full Report
Read More