CNN Money Article "Global warming could melt your portfolio"

120358 Resource 107524 107631 107631 1143571520338 1143577108497 Controlled Global Warming Impacting Financial Success of Top Companies

Which companies will find financial success by facing global warming - the list will surprise you

Global warming is not only affecting the environment – it’s also <a title="CNN Money Report on Ceres and Global Warming" href="http://money.cnn.com/2006/03/21/news/international/pluggedin_fortune/" target="_blank">significantly impacting the financial success</a> of top companies.  Some corporations are doing well by grappling with the risks and opportunities posed by climate change. They will be better prepared as governments and shareholders focus on the issue.  And other companies who lag behind could put their owners at financial risk, according to a first-ever report issued by Ceres.   The <a title="Ceres March 21 global warming report" href="http://www.ceres.org/news/news_item.php?nid=154" target="_blank">Ceres report</a>, which ranks the companies on a 100-point scoring system, comes from a coalition of environmentalists and institutional investors, including government pension funds, socially responsible mutual funds and religious investors, with $3 trillion in assets.      Highlighting a LeaderDuPont, was rated an 85 – a top score among 76 companies.  As an <a title="Enviance Customer - DuPont" href="http://www.enviance.com/customers/customers_main.htm#Picture" target="_blank">Enviance customer</a>, DuPont has already reduced their greenhouse gas emissions by 72 percent since 1990. It is developing and marketing an array of "green" products such as Tyvek insulation, energy-efficient refrigerants and corn-based raw materials that can replace plastic produced from oil.William K. Reilly, head of the U.S. Environmental Protection Agency during the first Bush Administration and a DuPont director, said at a Ceres news conference: "We've already saved a significant amount of money by moving in this direction."Among the industry sector leaders and laggards: <table style="WIDTH: 87.26%; HEIGHT: 141px" cellspacing="1" cellpadding="1" align="left" border="1"><tbody><tr><td>Sector </td><td>Leaders </td><td>Laggards </td></tr><tr><td> Oil/Gas</td><td>BP (90 points*) </td><td>ExxonMobil (35) </td></tr><tr><td> Chemical </td><td>DuPont (85**) </td><td> PPG (21) </td></tr><tr><td>Metals/Mining </td><td>Alcan (77) & Alcoa (74) </td><td>Newmont (24) </td></tr><tr><td>Electric Power</td><td>AEP & Cinergy (both 73)  </td><td>Sempra Energy (24) </td></tr><tr><td>Auto </td><td>Toyota (65) </td><td>Nissan (33) </td></tr></tbody></table>             *Top score among the 100 companies **Top score among 76 U.S. companies Despite the Bush Administration ignoring the issue, global warming is not going away.  A flurry of new books and <a href="http://www.time.com/time/magazine/article/0,9171,1176980,00.html">news articles</a> focus on climate change. In May, Paramount Classics will release a documentary called "The Inconvenient Truth," about Al Gore's crusade to curb global warming. Silicon Valley technologists are taking the problem seriously, as I’ll mention in a blog entry shortly. by Erin Swanson <a href="mailto:ESwanson@enviance.com">ESwanson@enviance.com</a> 9 application/xml false climate change DuPont financial success global warming CNN Money Article "Global warming could melt your portfolio" A coalition of environmentalists and institutional investors lays out which companies will be better prepared for climate change http://money.cnn.com/2006/03/21/news/international/pluggedin_fortune/ Ceres Organization and the original Ceres report issued March 21 Read the original report issued by Ceres http://www.ceres.org/news/news_item.php?nid=154 Enviance Customer Page Read about Enviance customer, DuPont http://www.enviance.com/customers/customers_main.htm#Picture Global Warming Heats Up March 28 Time Cover Story on Global Warming http://www.time.com/time/magazine/article/0,9171,1176980,00.html Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1; SV1; .NET CLR 1.1.4322; .NET CLR 2.0.50727; InfoPath.1) 127.0.0.1 127.0.0.1 eswanson false true false false true 205814 false false true false false false true 107524 blog blogsite/Enviance/web