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CDP Climate Change Report 2016

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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 />

6

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