Carbon Action is a CDP initiative whereby investors request companies move beyond disclosure to take action to reduce emissions. Companies in heavy-emitting industries are asked to take three specific actions in response to climate change:
- Make emissions reductions (year-on-year); with
- Targets publicly disclosed; and
- ROI-positive investments in emissions-reductions projects
Carbon Action helps investors advance their understanding of portfolio company carbon management and energy efficiency initiatives and to improve risk management in areas including regulation, operations, fiduciary duty and reputation. It helps companies generate positive returns through carbon reducing and energy efficiency projects and so build long term sustainable businesses.