Friday 15 February 2019

Companies leading on climate change ‘also outperform on stock market’

The World’s 'top green businesses' have been revealed – in the CDP A List:
CDP names over 150 corporates recognised as pioneers for action on climate change, water and deforestation.
According to this article:
The best performing companies based on a range of climate change measures are also outperforming the stock market, according to research by CDP, formerly known as Carbon Disclosure Project.
CDP ranked more than 6,800 companies, grading them from A to D-, with just 2 per cent making the A list. The data was released to coincide with the World Economic Forum summit, which is taking place in Davos, Switzerland this week.
Organisations were judged on the actions they have taken across three categories: climate change, water security and forests.
HeidelbergCement has been awarded ‘A-‘ in the climate change category of CDP’s Climate A List. It also received the same score in the water security category. The result marked it as the highest-scoring cement company on the list beating other major international producers such as LafargeHolcim, Cemex and CRH. Notably, these other cement companies each received ‘F’ for water security due to a lack of sufficient information available.
LafargeHolcim is the parent company of Aggregate Industries. Perhaps confirming CDP's findings:
the company is the least profitable among rivals in the aggregates market.