Carbon Asset Risk: From Rhetoric to Action

Introduction

In the past few years, carbon asset risk (CAR) has gone from a fringe topic discussed primarily by NGOs to a serious consideration of some of the largest companies in the world. Recent market action, investor pledges, new models and results, and significant shareholder resolutions are all contributing to pushing CAR into the public attention. This report discusses some of the most important recent developments and provides the first attempt at quantifying the uptake of CAR assessment and management.