Coming Clean on Carbon Emissions

By Stephen Leahy

JOHANNESBURG, Apr 30 (IPS) – Thousands of companies supplying some of the world’s largest corporations know climate regulations are coming and are agreeing to measure their emissions of climate-altering greenhouse gases.

“Companies, including those in least developed countries, are worried about the risks of extreme weather, water shortages and so on that climate change poses,” said Paul Dickinson, CEO of the Carbon Disclosure Project (CDP), an independent not-for-profit organisation in Britain that is coordinating the effort.

Multinationals like Tesco and Unilever may not generate huge amounts of carbon emissions from their own stores or head offices, but their suppliers — which number in the thousands and are located all over the world — certainly do. It would be foolish to pretend these were not part of a corporation’s carbon footprint, Dickinson told IPS. Continue reading

“Climate change is like the Internet — it is never going away”

“Climate change is like the Internet — it is never going away.”
— Paul Dickinson, CEO of the Carbon Disclosure Project

Climate of Change Confronts Wall Street
By Stephen Leahy

Sep 24 (IPS) – Stockholders, investors and financial analysts are now demanding to know how climate change will affect companies’ bottom line, and a new report reveals large corporations’ risks and opportunities.

At the behest of institutional investors managing over 41 trillion dollars, several hundred large corporations voluntarily revealed how they are responding to this new reality in a report released Monday at a major event on New York’s Wall Street, where former U.S. President Bill Clinton will also speak.

“Climate change will change the way we do everything,” said Paul Dickinson, CEO of the Carbon Disclosure Project, an independent not-for-profit organisation.

“Nothing will go back to the way things were,” Dickinson told IPS.

Continue reading