|Weekly News Digest
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Thomson Reuters Studies Greenhouse Gas Emitters
Thomson Reuters unveiled its latest report, “Global 250 Greenhouse Gas Emitters: A New Business Logic.” Written with CDP, a not-for-profit organization with the largest collection of self-disclosed corporate environmental data, and others, the report “presents the latest greenhouse gas (GHG) emissions data from the world’s 250 largest publicly traded emitters. The Global 250 is a group of businesses in the oil, gas, utility, automotive, aircraft, manufacturing, steel, mining and cement sectors. This report looks at best practices across the economy and aims to demonstrate the relationships between decarbonization and long-term financial performance.”
According to the press release, key findings include the following:
- Comparing the relationship between multiyear decarbonization trajectories and a broad set of financial performance metrics, there is no evidence of a trade-off between financial and environmental performance among the G250
- Roughly 20% of the G250 have strategies in place to drive business transformations necessary to reduce their climate impacts
- A meaningful number of that 20% are demonstrating that their transformation strategies create real business value through cost structure improvements and new revenue growth opportunities, as well as risk mitigation
For more information, read the press release.
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