A new ratings system for global companies based on sustainability and emissions was recently released by the organization CDP. These climate ratings are, which come on a temperature scale, rank each company based on how well they are hitting their target reduction of greenhouse gas emissions. While the system itself is simple, translating tons of emission to a degrees value, it will help people decide where to put their funds as many investors are trending toward investing in more sustainable, environmentally-friendly companies.
Key Takeaways:
- A new rating system translates companies’ greenhouse gas outputs into temperature.
- The data can be used by investors to manage their portfolios and more.
- The data shows clearly which companies are meeting climate change goals and which need more work.
“Global nonprofit CDP just introduced a new “temperature” rating in °C for 4,000 global companies.”
Read more: https://www.environmentalleader.com/2020/07/cdp-temperature-rating-investors/