| The latest insights from CDP, the global environmental disclosure system Holding off the very worst impacts of climate change requires the rapid and deep transformation of every sector of society. From the shipping sector to the mining industry, companies must put aside a ‘business as usual’ approach, and instead invest in innovative, transformative solutions that will secure their future and a sustainable economy for all. This month, CDP has been examining the ways in which hard to abate sectors are preparing for the transition to a climate safe, water secure future. | |
| A Sea Change: which shipping companies are ready for the low-carbon transition? For the shipping sector, investing in transformative technology is not just an opportunity, but a requirement of the low-carbon transition. Our latest investor research report compares 18 of the largest global shipping companies, exploring how well-placed each of them is to capitalize on the opportunities that await. | |
| Case Study: How an oil and gas company survives the low-carbon transition The extraction and consumption of fossil fuels is in intrinsic opposition to the vision laid out by the Paris Agreement, with scientists warning that a climate secure future depends on large swathes of fossil fuels being left in the ground. We spoke to Anthony Marino, President and CEO at international oil and gas producer Vermilion Energy Inc., to find out more about how his company is moving away from business-as-usual and working to embrace the low-carbon transition. | |
| In Too Deep: critical water issues facing the metal & mining sector The metal & mining sector relies on a secure supply of water to operate. However, companies have been historically slow to integrate water stewardship into their operations, and it’s costing them. We analysed 54 of the world’s largest mining companies – with a total market capitalization of US$1.04 trillion – uncovering the overlooked risks and costs water poses to the sector. | |
| Risk and the mining industry after the Brumadinho tailings dam failure With a high failure rate, tailings dams pose a huge threat to people and the environment. For the first time, CDP was able to assess the ways mining companies are managing tailings dam risks – and the results show that there’s much more to be done. In order to maintain their social license to operate, these metal and mining companies must take robust action on these risks. | |
| 50 years after a historic river fire, CDP spotlights financing water-smart infrastructure 50 years on from the historic Cuyahoga River fire, which sparked ground-breaking water protection policies, cities are now more aware than ever of the role they have to play in protecting our precious water supplies, but innovation requires funding. CDP’s matchmaker project aims to bring together investors and local governments to fund water-smart infrastructure in cities. | |
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| Elsewhere on the web A group of 88 investors worth almost US$10 trillion in assets are working to promote corporate transparency, calling on over 700 companies with a history of non-disclosure to report their environmental impacts to CDP. IR Magazine, edie, Funds Europe, BusinessGreen, L'info Durable and CBS News explore in more detail. In an open letter to ‘governments of the world’ investors managing US$34 trillion in assets – almost half the world’s invested capital – are urgently demanding action from global governments as part of The Investor Agenda. Reuters covered the story.
In order to keep up with the low-carbon transition, the shipping sector urgently needs to innovate. As it stands, the vast majority of companies are failing to invest in transformative technology, or embrace the opportunities presented by the transition. Forbes, BusinessGreen, and Environmental Finance explore.
Through water use, pollution, waste & emissions, fast fashion is putting our environment under extreme stress - and the industry is starting to take notice. Global fashion giants Puma and Burberry have joined the Science Based Targets initiative, using their newly released guidance for the apparel and footwear sector to set ambitious targets. Find out more in GreenBiz and Edie | |
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| Events 16 June: With 2020 deforestation deadlines fast approaching, we’re offering you the chance to hear insights from our global forests data, and understand how companies can better implement and report on commitments across four critical forest risk commodities: cattle products, soy, palm oil and timber and their derivatives. Join our Action for commitments on deforestation webinar, at either 9am GMT or 3pm GMT 16 June: As part of the Carbon Pricing Unlocked Partnership by Navigant and Generation Foundation, in collaboration with CDP, we’re offering you the chance to join our webinar presenting a briefing paper on pricing carbon into financing decisions, introducing the role of internal carbon pricing as a key tool for investors and banks to price carbon risks into their decision making. Register today. 6 August: Attend NAEM’s Sustainability Impact conference for solutions to your greatest Sustainability business challenges. This year’s conference will help you set your next generation of sustainability goals, execute innovative water and energy projects, and understand the circular economy. CDP members receive 10% off registration. Register today. 4-6 September: Join a broad spectrum of industry professionals at the 2018 Renewable Energy Markets™ Conference, where corporate leaders, policymakers and suppliers will gather together to collaborate and guide the rapidly expanding market. Find out more and register today. | |
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