CDProject

Introduction

During the course of the semester, you haVE done a pretty thorough job of describing our companies’ financial position and approach to “social responsibility”, as well as many other topics. The purpose of this assignment is to ensure that we have been as thorough as possible on the topic of our companies’ stewardship for the planet and the potential risks.

Step 1 - Watch the John Doerr Video

John Doerr is a well known venture capitalist at Kleiner Perkins.

Step 3 - Locate and download the latest report for you company.

Go to the Company Home Page and search for your particular company. Then download the latest report. You will need to register - it is free!

Step 4 - Answer the following questions:

1. Referring to your company’s information found on the “cdproject.net” website, answer the following:

• Does your company think it is exposed to regulatory risks related to climate change? (Section 1ai)

• Does your company think it is exposed to physical risks related to climate change? (Section 1aii)

• Does your company think it is exposed to general risks related to climate change? (Section 1aiii)

• Has your company taken or planned action to manage the general and regulatory risks and/or adapt to the physical risks you have identified? (Section 1aiv)

• Does your company have a GHG reduction plan in place? If so, what is the baseline year and your emission reduction targets?? (Section 3ai, ii and iii)

• What investment will be required to achieve the targets? Over what time frame? (Section 3av)

• What emissions reductions and associated costs or savings have been achieved to date as a result of the plan? (3avi)

• Does a Board Committee or other executive body have overall responsibility for climate change. (Section 4a, 4ai, & 4aii)

2. What goals, if any, has your company set in the following areas? How have they performed against those goals? (Best source is likely your company’s Sustainability Report).

• Energy consumption and use of renewable sources for energy (in some instances this is included above)

• Water consumption.

• Reduction/or elimination of specific hazardous materials.

• Recycling initiatives

• Reduction of solid waste, and

• Any others that you discover.

• Does your company have a supplier performance standard for environmental and social responsibility expectations? If so, are they assessed against these standards?

3. Do you think your company’s goals are appropriately aggressive? What else, if anything, do you think your company should be doing with respect to “planet” issues?

Download the Kodak example powerpoint slides.

Step 2 - Visit the Carbon Disclosure Project

The Carbon Disclosure Project has several purposes including:

- Promotes an ongoing dialogue between institutional investors and senior corporate management in relation to climate change.

- Encourages private and public sector organizations to: measure, manage and reduce emissions and climate change impacts.

- Provides investors with valuable insight into the strategies deployed by many of the largest companies in the world in relation to climate change.

- Provides investors with a better understanding of risks and opportunities from climate change in their portfolios. Read more...

The CDProject Information Request covers four major areas:

1) Management’s views on the risks and opportunities that climate change presents to the business;

2) Greenhouse gas emissions accounting;

3) Management’s strategy to reduce emissions / minimize risk and capitalize on opportunity; and

4)Corporate governance with regard to climate change.