Investor interest in climate disclosure continues to grow, yet only a tiny proportion of companies are reporting on their full value chain emissions. The original guest blog post by ET Index Research can be viewed on the Corporate Citizenship blog.
After internships in two large corporate companies (Airbus Group and HSBC), I decided last year to apply for a role at a start-up in London, ready to immerse myself in a fast-paced entrepreneurial company. After applying on their career website for a “Carbon Data Analyst” position, I was excited to join ET Index Research in January 2016.
The Paris Agreement – the first legally binding agreement on climate change since the Kyoto Protocol in 1997 – was adopted by 195 Parties to the United Nations Framework Convention on Climate Change (UNFCCC) in Paris in December.
Given that today’s economy is dominated by private corporations and historically just 90 companies caused two-thirds of man-made carbon emissions , if we are to have any chance of tackling the problem we need to incentivise companies and their supply chains to cut emissions.
The divestment movement has been gathering pace like wildfire over the last few years with over 400 institutions globally now committed to divesting from fossil fuels. Fuelled by the findings of Carbon Tracker and the idea of a carbon bubble, a grassroots, student-led movement has been sweeping across the world putting pressure on institutions, predominantly universities, to drop holdings across oil, gas and coal.