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"An understanding of sustainability is at the heart of a future-oriented business strategy: the days in which businesses could concentrate only on a narrowly-defined bottom line are over."

Dr. Gill Coleman, Co-Director, Ashridge MSc in SR - Ashridge Business School

 

Carbon Disclosure Project launched in Turkey

Commonly regarded the world's most comprehensive and prestigious environmental project, the "Carbon Disclosure Project" was launched in Turkey on January 11, 2010 with a conference given by Grantham Institute for Climate Change President and London School of Economics Professor Lord N. Stern at the Sabancı University Sakıp Sabancı Museum.

Carbon Disclosure Project remains the sole independent international organization that operates a global climate change reporting system, and acts on behalf of 475 institutional investors, holding $55 trillion in assets under management with 45 purchasing organizations and 19 public authorities.

In Turkey, the project will be directed by Sabancı University with the support of Akbank, and will help compile the carbon emissions of companies that are on the Istanbul Stock Exchange (İMKB) and included in the İMKB-50 index. The project calls for companies to disclose their carbon emissions and their climate change policies. The results of the first year will be announced in the last quarter of 2010.

For more information:
CDP Press Release
CDP