Thomson Reuters Launches Latest Greenhouse Gas Emissions Report

Demonstrates Critical Link Between Sustainability and Growth in Global 100

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May 17, 2017, 10:00 ET

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:[email protected]
Phone: 646-223-4558

Camilla Lyngsby
Media and Communications
CDP
Email: [email protected]
Phone number: 646-668-4184

SOURCE Thomson Reuters