CDP Asia ex-Japan Climate Change Report 2012 - Main
Increased opportunities from emerging regulation
12 November 2012
Please enter your login details on the right hand side of this page to download the report.
The pressure is growing for companies to build long-term resilience in their business. The unprecedented debt crisis that has hit many parts of the world has sparked a growing understanding that short-termism can bring an established economic system to breaking point. As some national economies have been brought to their knees in recent months, we are reminded that nature’s system is under threat through the depletion of the world’s finite natural resources and the rise of greenhouse gas emissions.
Key Findings include:
- Regulations to drive opportunities and risks Asian companies see sources of regulatory risk as the main drivers of climate-related business opportunities. 60 responding companies (51%) report regulatory opportunities in 2012.
- Exposure to climate change impacts Perceptions of physical risk outweigh expectations of opportunities linked to climate change impacts such as more frequent and severe floods and drought.
- Risks and opportunities are imminent Most of the risks and opportunities are already manifesting or expected to do so imminently. Approximately one third of responding companies see both regulatory risks and opportunities as current issues.
Why did CDP commission the report?
It is vital that we internalize the costs of future environmental damage into today's decisions by putting an effective price on carbon. Accounting for and valuing the world's natural capital is fundamental to building economic stability and prosperity. Companies that work to decouple greenhouse gas emissions from financial returns have the potential for both short and long-term cost savings, sustainable revenue generation and a more resilient future.