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.

1 October, 2019
Events Webinar: Incorporating Physical Risk in TCFD Portfolio Climate Reporting

Join Trucost's complimentary webinar to hear expert opinion on how physical risk factors can impact TCFD reporting.

Find out more
24 October, 2019
Events Hong Kong Thought Leadership Seminar Eyes On Asia – Restocking The Investment Toolkit

As investment strategies continue to evolve, investors have a more sophisticated set of tools available to help navigate different economic cycles and market conditions – ranging from factor-based investing and ESG to multi-asset solutions. Join S&P DJI and leading financial professionals to keep pace with the latest investment strategies that can help investors stay...

Find out more
1 October, 2019
Events Cooler Earth Sustainability Summit – Kuala Lumpur – 1st & 2nd Oct

Join global experts and local champions to not just dialogue, but motivate collective and collaborative action, mobilise resources, finance, and the political will to counter environmental degradation, social inequity, and economic depression.

Find out more

VIEW ALL NEWS & INSIGHTS