The best of EcoWatch, right in your inbox. Sign up for our email newsletter!
CDP Study Grades 172 Companies on Climate Risks and Actions
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.
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
By Jason Bittel
High up in the mountains of Montana's Glacier National Park, there are two species of insect that only a fly fishermen or entomologist would probably recognize. Known as stoneflies, these aquatic bugs are similar to dragonflies and mayflies in that they spend part of their lives underwater before emerging onto the land, where they transform into winged adults less than a half inch long. However, unlike those other species, stoneflies do their thing only where cold, clean waters flow.
By Bob Curley
- The new chicken sandwiches at McDonald's, Popeyes, and Chick-fil-A all contain the MSG flavor enhancement chemical.
- Experts say MSG can enhance the so-called umami flavor of a food.
- The ingredient is found in everything from Chinese food and pizza to prepackaged sandwiches and table sauces.
McDonald's wants to get in on the chicken sandwich war currently being waged between Popeyes and Chick-fil-A.
By Andrea Germanos
Youth climate activists marched through the streets of Davos, Switzerland Friday as the World Economic Forum wrapped up in a Fridays for Future demonstration underscoring their demand that the global elite act swiftly to tackle the climate emergency.
By Tim Radford
The year is less than four weeks old, but scientists already know that carbon dioxide emissions will continue to head upwards — as they have every year since measurements began — leading to a continuation of the Earth's rising heat.