TORONTO, May 17, 2017 /PRNewswire/ -- Thomson Reuters
today released its report, Global 100 Greenhouse Gas Performance: New Pathways for Growth and Leadership. The report reveals not
only the latest greenhouse gas (GHG) emissions data from the world's 100 largest publicly traded emitters (Global 100) but the
pathways these companies have for emissions reduction and earnings growth. This information is critical as analysts and investors
consider long term financial performance and as regulators continue pressing for increased transparency. The report was
written in collaboration with CDP, an international
not-for-profit organization holding the world's largest collection of self-disclosed corporate environmental
data, and BSD Consulting, a global sustainability
consultancy, with key contributions from Baker
McKenzie, KPMG and State Street Global Exchange.
Tim Nixon, Head of Sustainability Thought Leadership, Corporate Responsibility & Inclusion
at Thomson Reuters, and co-author for the report commented, "A significant finding of this report is there is an increasing
correlation between sustainability and growth. Committing to rigorous decarbonization will not adversely impact financial
gain and will positively increase shareholder value over the long term. This argument is critical to ensuring that the
Global 100 remain committed to operating responsibly."
Erik Solheim, head of UN Environment shared, "The message we hear from the private sector is
that going green is good for business, and transparency is a crucial part of this shift. The markets are moving rapidly, and the
private sector is where some of the most exciting low-carbon innovations are taking place. This is essential if we are to meet
the goals of the Paris Agreement, and close the emissions gap."
The Global 100 currently contribute a significant portion of worldwide emissions annually. Any significant progress
will require their buy-in. This report specifically explores:
- The most current publicly available emissions data from the Global 100
- New data on emissions from value or supply chains from the Global 100
- Key pathways to decarbonization for the Global 100
- The impact of shareholders and investors on this trend
- The impact for companies as investors begin to reward carbon-intensive companies for developing and executing
decarbonization plans.
Lance Pierce, President of CDP North America, commented, "What's powerful about this report is
that it not only clearly articulates the problem posed by high emitting companies, it also highlights what the leaders are doing
to innovate, and a pathway to success whether you are an investor or a corporation. At CDP we are delighted to partner with
Thomson Reuters in helping show how the "Sustainability Premium" is real, and to pull back the curtain on the trend toward how
the businesses of the future will be managing themselves.
Patsy Doerr, Global Head of Corporate Responsibility & Inclusion, commented, "Our clients
increasingly see ESG data and trends as important for their work across the investing, tax & accounting, and legal
marketplaces. This report is another milestone for professional risk managers globally who can and do influence the
direction of the global economy."
In collaboration with CDP, data for the report was gathered from publicly available GHG emissions data from businesses and
from estimates either from CDP or Thomson Reuters environmental, social and corporate governance (ESG) research data.
Thomson Reuters ESG research data gathers standardized, objective, quantitative and qualitative ESG data from an estimated
5,000 publicly listed companies.
View the full report here.
About CDP
CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions,
safeguard water resources and protect forests. Voted number one climate research provider by investors and working with
institutional investors with assets of US$100 trillion, we leverage investor and buyer power to
motivate companies to disclose and manage their environmental impacts. Over 5,800 companies with some 60% of global market
capitalization disclosed environmental data through CDP in 2016. This is in addition to the over 500 cities and 100 states and
regions who disclosed, making CDP's platform one of the richest sources of information globally on how companies and governments
are driving environmental change. CDP, formerly Carbon Disclosure Project, is a founding member of the We Mean Business
Coalition. Please visit www.cdp.net or follow us @CDP to find out more.
Thomson Reuters
Thomson Reuters is the world's leading source of news and information for professional markets. Our customers rely on
us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more
than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and
New York Stock Exchanges (symbol: TRI). For more information, visit www.thomsonreuters.com.
Contacts
Noelle Campbell
Senior Director, Corporate Affairs
Thomson Reuters
Email:noelle.campbell@thomsonreuters.com
Phone: 646-223-4558
Camilla Lyngsby
Media and Communications
CDP
Email: camilla.lyngsby@cdp.net
Phone number: 646-668-4184
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SOURCE Thomson Reuters