Carbon Action shows investors how companies in their portfolio are managing carbon emissions and energy efficiency. This knowledge helps to set vital targets that improve risk management, which will create benefits and generate positive returns for both businesses and investors.
From 2011-2016 a request has been sent on behalf of investors to the world's highest emitting companies. It has asked companies to take three specific actions in response to climate change:
Click here to see how this approach is evolving now that the Paris Agreement has entered into force.
This initiative focuses on cases where companies do not need to make a choice between emissions reductions or higher financial returns. In the face of rising energy costs, reducing a company’s emissions often means higher profits. Efficient management of energy offers a huge win-win: lower carbon emissions, higher returns for shareholders.Craig Mackenzie, Head of Sustainability at SWIP
UPS is a long-time supporter of CDP, which has proven that information and data do drive change and corporate responsibility. CDP's Carbon Action initiative is the latest way for corporations to address climate change in a systematic, quantitative and credible way.Scott Wicker, Chief Sustainability Officer at UPS