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Executive summary from <strong>CDP</strong>’s global<br />
climate change report<br />
The challenge of climate change and how to<br />
address it is now firmly on the global agenda.<br />
The Paris Agreement has been ratified at<br />
unprecedented speed by the international<br />
community, including some of the world’s biggest<br />
carbon emitters, such as the US, China, India,<br />
the EU and Brazil, and will enter into force in<br />
November.<br />
This historic agreement, with defined goals to<br />
limit climate change and clear pathways for<br />
achieving its goals, marks a step-change in the<br />
transition to a low-carbon world.<br />
In the Paris Agreement, emissions reductions<br />
are talked about at the country level, and<br />
national governments will lead with policy<br />
changes and regulation. But companies can<br />
move much faster than governments, and<br />
they have an opportunity to demonstrate their<br />
leadership, agility and creativity in curbing their<br />
own substantial emissions. Many companies<br />
had already realised the need for action before<br />
Paris, and they played an important role in<br />
making that summit a success. Others,<br />
however, are yet to come on board.<br />
Figure 1: Global company tracking sample by sector. The total number of companies in<br />
each sector is presented in parentheses.<br />
Share of<br />
total sample<br />
Consumer discretionary -<br />
10% (180)<br />
Financials - 14% (253)<br />
IT - 6% (119)<br />
Utilities - 12% (225)<br />
Consumer staples -<br />
8% (156)<br />
Health care - 5% (88)<br />
Materials - 17% (312)<br />
Energy - 11% (197)<br />
Industrials - 14% (260)<br />
Telecomms - 3% (49)<br />
Figure 2: Global company tracking sample by region. The total number of companies is<br />
presented in parentheses.<br />
Share of<br />
total sample<br />
Europe - 24% (436)<br />
North America (USA &<br />
Canada) - 32% (589)<br />
Central and South America<br />
(incl. Caribbean) - 4% (74)<br />
Africa - 2% (41)<br />
Asia - 35% (642) Australia & New Zealand -<br />
3% (57)<br />
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