IHS Chemical Week

EnviroTech :: Climate Change

Report: Industry Outpaces Other Sectors in Climate Disclosure

11:20 AM MDT | September 26, 2008 | Kara Sissell

The chemical sector expects both drawbacks and opportunities from climate change regulation but anticipates that costs will outweigh the possible advantages, according to the Carbon Disclosure Project’s (CDP; London) annual ranking of corporate climate change initiatives. CDP is a nonprofit group of institutional investors that control $57 trillion in assets, and conducts annual surveys of corporate climate change initiatives. About 85% of chemical sector respondents anticipate “regulatory, physical, or general business risks” from climate...

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