Monday, March 20, 2006

The Carbon Disclosure Project (CDP): Fortune 500, investment bankers plan for Global Warming

The Carbon Disclosure Project (CDP) site has been set up which tracks and reports research results performed on global companies, institutional investors, and other large economic concentrations in regards to their actions and planning models to address Global Warming. The CDP's intent is to explore the world's significant economic private market players’ going forward assumption of an environment where global warming (GW) is a significant factor in logistical and capital decision making processes. There are reports and results easily downloadable off the site. I am sure there are plethoras of tie-ins to our course curriculum at EMSMOT.

In a sensational statement related to this site on NPR's Market Place, a spokesperson from CDP touts GW as bigger than the Internet; veritably "the Next Big Thing". If GW does prove true, then Global warming is unstoppable and inexorable. GW will affect every single entity and organism on our planet, and will change everything. One thing the investors are trying to derive is how to find the plays on the markets going forward.

The respondent companies are devoting their resources in an attempt to understand how their assets and operations are exposed to GW. For example, if we hypothetically allow that Hurricane Katrina may be directly correlated to effects of Global Warming, then all manner of effects may also be traced from this event. These lasting effects, the configuration of corporate response protocols, the re-evaluation of actuarial factoring for insurance underwriting, etc would fall under the scope of this research.

The participants in this project are economic titans. If for no other reason the stature of the participants, CDP and its resources should be on our radar. Given that the operating assumption of the entire project is that GW is present and growing in its significant effects on global economics, the science must be conclusive to a point where global financial and corporate leadership consider the matter actually relevant. In short, for their planning purposes, GW is here.

There are potential business opportunities related to this matter. We should integrate more fully the subject matter into our curriculum so we may better address the eventual business cases as they arise after our graduation from the program.

This site (http://www.cdproject.net/)


Sincerely,

Bryan "Beau" Grant
Commercial Real Estate Broker
Convivia Group
(404) 348-4759 x701 office

"I would also like to applaud the very high response rate from British companies. I am delighted to see that corporations in this country are aware of the economic implications of global warming and are taking a lead internationally– and indeed seizing the business opportunities of early action to address these important issues.

I hope the Project goes from strength to strength."

-Excerpt from Tony Blair's letter to the CDP
17 February 2003