As global understanding of climate change and the associated risks continue to develop and the scramble for an international agreement continues beyond Copenhagen, investors are increasingly demanding more advanced corporate disclosure on sustainability. The Carbon Disclosure Project (CDP) which was founded as an independent not-for-profit organisation, on behalf of hundreds of institutional investors with combined $USD trillion of assets under management, annually seeks information on the business risks and opportunities presented by climate change as well as greenhouse gas emissions data from the world's largest companies (from 3 000 in 2008 to over 4 500 in 2011).
Consequently, the CDP remains the global standard for measurement and reporting of climate change information and the biggest repository of greenhouse gas emission information from the business sector. Signatory investors based in South Africa include: The Government Pension Fund (GEPF), Element Investment Managers, Standard Bank of South Africa Limited, Advantage Asset Managers, Cadiz Holdings, Mergence Africa Investments, Nedbank Group, Sanlam Investment Management, First Rand, Investec and Future Growth.
The NBI is the South African partner to the CDP and is the only country in Africa participating among over 30 other countries internationally. The SA sample includes the JSE Top 100 listed companies and also features a special case study each year on best practise. The type of information generated by the CDP attracts various stakeholders that include the media, government, universities, international and local investors. If you want to know more about the CDP
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