Investors urge environmentally-intensive companies to disclose their data

The investors, which include Legal & General, Nordea Asset Management and the New York State Common Retirement Fund, are working to get companies such as Nintendo, Exxon Mobil, Facebook and Domino’s Pizza to reveal their environmental impacts

A total of 105 investors hailing from 23 nations are urging environmentally-intensive companies to disclose their data through non-profit platform CDP.

The investors, which include Legal & General, Nordea Asset Management and the New York State Common Retirement Fund, are working to get companies such as Nintendo, Exxon Mobil, Facebook and Domino’s Pizza to reveal their environmental impacts - the businesses in question cover more than $8 trillion (6.3tn) in global market capitalisation and are estimated to emit more than 4,800 megatonnes of emissions each year.

CDP notes 17% of the companies selected by investors already disclose on one theme, out of climate change, forests or water security, and notes they are included on the list because do not yet disclose data on another theme that has been identified as important for them -30%, including Chevron and Imperial Oil, were asked to disclose on at least two themes.

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