Climate Change a Serious Concern for Asia-Pacific Corporates

by: Research Recap

Corporates in the Asia-Pacific region are seriously concerned about the impact of climate change on their industry, and are preparing to tackle increasing legislation aimed at curbing greenhouse gas emissions, according to a survey conducted by Standard&Poor’s Ratings Services and carbon analytics firm RepuTex Ltd.

The survey, which canvassed the views of more than 300 Asia-Pacific issuers rated by Standard&Poor’s on their current and anticipated carbon exposure, found nine out of 10 respondents were concerned about the impact of physical climate change on their industry.