Comerica Shows Improvement in 2012 Carbon Disclosure Project Survey
A new Carbon Disclosure Project (CDP) survey shows that Comerica has improved its score from 2011. Comerica's score of 91 (out of 100) in the 2012 survey is four points higher than its 2011 score. The survey results are part of the CDP S&P 500 Climate Change Report, co-written by CDP and professional services firm PwC.
According to CDP, "The results from the Carbon Disclosure Project (CDP) survey in 2012 offer definitive evidence that the S&P 500 is making significant strides in terms of both transparency and progress on carbon goals, and that this progress is accelerating. The 2012 scores have significantly improved over a wide array of performance and disclosure measures and, in some cases, the S&P 500 is narrowing the gap with the Global 500. The scores also show a marked increase in the number of companies addressing these issues at the board and executive level. The data suggests that, in the absence of global or national regulation, business is stepping into the leadership vacuum and embracing climate change as a business imperative."
The Carbon Disclosure Project (CDP) is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP harnesses the power of market forces, including 655 institutional investors with assets of $78 trillion, to collect information from companies on their greenhouse gas emissions and assessment of climate change and water risk and opportunity. CDP now holds the largest collection globally of primary climate change and water data and puts these insights at the heart of strategic business, investment and policy decisions. Please visit www.cdproject.net to find out more.