Publication / 02 Jun 2009

Carbon Risks and Opportunities in the S&P 500

Trucost’s analysis of the global greenhouse gas emissions, carbon intensity and exposure to carbon costs of companies in the S&P 500 Index.

The Investor Responsibility Research Center Institute’s mission is to provide thought leadership at the intersection of corporate responsibility and the informational needs of investors. This study incorporated Trucost analysis of direct greenhouse gas emissions from operations, as well as company supply chain emissions, including electric utilities.

Companies and sectors are compared on both absolute emissions and carbon intensity, defined as emissions per million dollars (USD) of revenue. Carbon intensity allows for comparison of the relative carbon performance and exposure of companies of different sizes and sectors. Trucost also examined the potential carbon costs that could be incurred by S&P 500 companies if carbon pricing were applied to their emissions. This is a particularly relevant issue in light of the Obama Administration’s proposed carbon trading scheme, which would apply a cost to over 85% of greenhouse gas emissions in the US.

The main findings are that total emissions, including direct emissions from operations and indirect emissions from suppliers, amount to 4,307 Mt of CO2-e for companies in the S&P 500 Index with 34 companies in the Utilities sector accounting for the highest level of total emissions, followed by the Oil & Gas, Industrial Goods & Services, Food & Beverage and Basic Resources sectors.

3 February, 2020
Events Green Finance Summit – Phoenix – 3 – 4, 2020

The GreenFin Summit follows a successful launch event in 2019. That invitation-only event brought together 100 corporate sustainability leaders, major public-sector pension fund executives and leading financial institutions, with over a trillion dollars of combined assets under management. The discussion broached vital topics in ESG that will be expanded upon at the 2020 Summit. Richard Mattison...

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