Fast reading
- As well as the usual performance and carbon footprint data, this latest report from the Climate Change High Yield team takes a close look at how the Carbon Disclosure Project (CPD) has helped increase the accountability of companies around the world as they report on sustainability.
- Elsewhere, we provide an overview of how our teams have engaged with portfolio companies in two key sectors.
- The pulp and paper sector is ahead of other basic industries on decarbonisation, including its relatively high use of renewable energy and recycled by-products in its production processes. Even so, it generates roughly 1.3% of the world’s greenhouse gas emissions.
- The utilities sector accounts for almost a third of world greenhouse gas emissions through
- Electricity and heat production. The decarbonisation of the utilities sector will, therefore, be a key determinant of achieving the Paris Agreements goal of a 1.5°C scenario by 2100.
Other highlights include:
- Engagement case studies featuring power generator Calpine, utility firm Orsted, pulp and paper manufacturer Sappi and packaging businesses Smurfit Kappa.
To learn more about our Climate Change High Yield Credit strategy, click here.