Login
Contact
To find out more about commissioning customised research, contact:
UK & INTERNATIONAL
+44 (0) 20 7160 9800
NORTH AMERICA
+1 800 402 8774
Climate Change and the S&P 500
04 May 2004
Please enter your login details on the right hand side of this page to download the report.
Key Findings
- Efforts to encourage companies to disclose their CO2 emissions have met with limited success to date.
- Only 40 companies disclose their emissions, representing 53% of total emissions by the S&P 500 constituents.
- Utilities and Energy are the largest emitting sectors, but Transport, Materials and Capital Goods also make a large contribution to climate change.
- CO2 emissions are very concentrated with the top 5 emitters responsible for 27% of emissions.
- Emissions disclosures are rarely contemporaneous with financial reporting.
Extract
This report provides information and data relating to the CO2 emissions of the S&P 500 constituent companies as well as analysing the levels of disclosure by those companies. The report focuses on emissions from 2002 operations, the latest year for which data are available. Trucost’s proprietary model has been used to estimate emission quantities in the absence of company disclosures. Trucost believes that this will enable investors to target calls for greater disclosure in a more informed way and evaluate the overall scale of emissions.
Why did Trucost carry out the research?
Emissions controls and the concomitant costs are look set to become a reality for business sooner rather than later. This is the reason why Trucost has produced this report. Firstly, it will enable investors to assess which companies regard the problem as sufficiently serious to disclose current emissions levels. Secondly, it provides estimates of emissions for those companies that do not make a disclosure. Finally, by applying abatement costs to those emissions, investors will be able to forecast which companies will be most financially affected
Report image: Analysis of disclosure in the S&P 500
About Trucost
Trucost services for companies
Trucost services for financial institutions
Trucost services for government
Trucost University Partnership