Carbon Disclosure Project Report 2008

Globally, a scientific consensus on climate change has emerged, and future climate warming will likely have environmental, economic, and social implications. As the time for action narrows, governments are introducing regulations for industrial emissions, emission trading schemes, and carbon taxes to mitigate climate change impacts. Consequently, climate change regulations and physical impacts pose risks and opportunities for many companies.

In Carbon Disclosure Project Report 2008—Canada 200, Signal49 Research presents an analysis of the Carbon Disclosure Project (CDP) responses of 200 companies listed on the Toronto Stock Exchange. Companies were encouraged to disclose information on the financial and business implications of climate change risks and opportunities, greenhouse gas (GHG) emissions accounting, and GHG management strategies to institutional investors. The report analyzes the level and quality of company disclosures and illustrates the actions companies are taking to adapt to climate change.