Friends Fiduciary Joins The Carbon Disclosure Project

January 11, 2013

As part of Friends Fiduciary’s work to further refine our environmental review of companies in our portfolio and to better assess potential additions to our portfolio, FFC has become an investor signatory to the Carbon Disclosure Project (CDP). The CDP is a coalition of over 655 investors representing in excess of $78 trillion in assets encouraging thousands of companies around the globe to begin to disclose information on companies’ strategies for managing climate change and water risks. FFC will now be able to use the information gleaned by the CDP in our dialogs with companies with which we engage in shareholder advocacy.  According to Jeff Perkins, FFC Executive Director, data about companies’ greenhouse gas emissions, water usage and strategies for managing climate change and water risks is invaluable and essential in successfully engaging companies to create change.