Business

CDS pushes companies to reveal their climate-related data

By Aviyukta Adlakha

CDS pushes companies to reveal their climate-related data. The investors are mainly targeting companies that are not enough transparent as far as the environment is concerned. It is pushing them to disclose information through CDP, a public non-profit global environment.  It may sign a draft to make it a mandate for all companies.

88 investors with nearly US$10 trillion assets targeted the companies for their disclosure. They approximately targeted 707 companies with US$15.3 trillion market capitalization across 46 counties for not reporting their climate change, water security, and deforestation data.

This included Exxon Mobil, BP, Chevron, Amazon, Volvo, Alibaba, Qantas Airways as well as palm oil company Genting Plantations Bhd and now includes Apple, Netflix, and others too.

 

Tags: apple news CDS news climate change climate change news climate effects environment Environmental Protection Agency Global impact investors Investors news Netflix netflix news New mandate for companies by CDS Social news

Aviyukta Adlakha

Aviyukta is a creative and passionate person who loves exploring new opportunities. She is a travel enthusiast and loves writing. She is currently working as a Business/ Current Affairs Intern in USA Newshour. She can be contacted at adlakhaaviyukta27@gmail.com.