Quantcast
Environmental News for a Healthier Planet and Life

Help Support EcoWatch

CDP Study Grades 172 Companies on Climate Risks and Actions

Climate

While politicians continue debating facts previously proved by several scientists, it's refreshing to know that companies in some of the nation's largest states not only take climate change seriously, but have created low-carbon products and solutions to minimize the emissions of their facilities and product end-users.

CDP, a nonprofit organization that consults businesses on managing, measuring and disclosing environmental data, polled 172 S&P 500-listed companies in nine states, gauging their approach to climate change and grading their actions that might have contributed to the mitigation and adaption to climate change in the past year, as well as their transparency.

State by state: The business response to climate change across America includes an array of facts, figures and a grading chart of the participating companies. Here are some selections from the 60-page report.

[slideshow_deploy id='346880']

In states like Pennsylvania and Texas, more than 90 percent of responding companies had either already identified business opportunities related to climate change or agreed that climate regulation could represented a business opportunity.

From cloud computing solutions to making lighter car tires or implementing energy efficiency measures, most of the responding companies have shown that reducing their carbon footprint need not equate to losses in revenue. For example, Intel Corp. reported that efficient lighting, boiler, heating, air conditioning, ventilation and water system improvements will lead to an annual saving of $22 million after the initial $59 million investment.

"Managing global warming impacts delivers competitive advantage to U.S. companies," said Tom Carnac, president of CDP in North America. "We are moving from a world that's projecting future climate risks to one that's experiencing those risks now. Regulation can help level the playing field, allowing more companies to benefit from mitigating the risks, while speeding up the shift to a profitable low carbon economy."

EcoWatch Daily Newsletter

Much of Eastern Oklahoma, including most of Tulsa, remains an Indian reservation, the Supreme Court ruled on Thursday. JustTulsa / CC BY 2.0

Much of Eastern Oklahoma, including most of Tulsa, remains an Indian reservation, the Supreme Court ruled on Thursday.

Read More Show Less
The Firefly Watch project is among the options for aspiring citizen scientists to join. Mike Lewinski / Wikimedia Commons / CC by 2.0

By Tiffany Means

Summer and fall are great seasons to enjoy the outdoors. But if you're already spending extra time outside because of the COVID-19 pandemic, you may be out of ideas on how to make fresh-air activities feel special. Here are a few suggestions to keep both adults and children entertained and educated in the months ahead, many of which can be done from the comfort of one's home or backyard.

Read More Show Less
People sit at the bar of a restaurant in Austin, Texas, on June 26, 2020. Texas Governor Greg Abbott ordered bars to be closed by noon on June 26 and for restaurants to be reduced to 50% occupancy. Coronavirus cases in Texas spiked after being one of the first states to begin reopening. SERGIO FLORES / AFP via Getty Images

The coronavirus may linger in the air in crowded indoor spaces, spreading from one person to the next, the World Health Organization acknowledged on Thursday, as The New York Times reported. The announcement came just days after 239 scientists wrote a letter urging the WHO to consider that the novel coronavirus is lingering in indoor spaces and infecting people, as EcoWatch reported.

Read More Show Less
A never-before-documented frog species has been discovered in the Peruvian highlands and named Phrynopus remotum. Germán Chávez

By Angela Nicoletti

The eastern slopes of the Andes Mountains in central Perú are among the most remote places in the world.

Read More Show Less
Left: Lemurs in Madagascar on March 30, 2017. Mathias Appel / Flickr. Right: A North Atlantic right whale mother and calf. National Marine Fisheries Service

A new analysis by scientists at the Swiss-based International Union for Conservation of Nature (IUCN) found that lemurs and the North Atlantic right whale are on the brink of extinction.

Read More Show Less
Nobody knows exactly how much vitamin D a person actually needs. However, vitamin D is becoming increasingly popular. Colin Dunn / Flickr / CC by 2.0

By Julia Vergin

It is undisputed that vitamin D plays a role everywhere in the body and performs important functions. A severe vitamin D deficiency, which can occur at a level of 12 nanograms per milliliter of blood or less, leads to severe and painful bone deformations known as rickets in infants and young children and osteomalacia in adults. Unfortunately, this is where the scientific consensus ends.

Read More Show Less

Trending

Data from a scientist measuring macroalgal communities in rocky shores in the Argentinean Patagonia would be added to the new system. Patricia Miloslavich / University of Delaware

Ocean scientists have been busy creating a global network to understand and measure changes in ocean life. The system will aggregate data from the oceans, climate and human activity to better inform sustainable marine management practices.

EcoWatch sat down with some of the scientists spearheading the collaboration to learn more.

Read More Show Less