Thursday, February 12, 2009

Climate Change Affecting Investment Decisions
Investment decisions are increasingly impacted by climate change information, according to new research by the Carbon Disclosure Project.Of the 80 institutional investors that signed the information request sent out by CDP, three-quarters said they factor climate change information into their investment decisions and asset allocations.

More than 80 percent of respondents said they consider climate change to be important relative to other issues impacting their portfolio.

Four-fifths of respondents said they found CDP data useful and valuable. Institutional investors cited carbon risk and potential legislation as the primary motivators for utilizing CDP data.CDP says the number of investors that signed its 2009 annual information request for climate change data rose to a record 475, compared with 385 in 2008. This year, the request was sent to 3,700 listed companies. Last year, the nonprofit issued the request to over 3,000 of the world’s largest corporations

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