Corporate activity to prevent climate change and shareholder structure: How does cdp connect companies with investors?

Kento Ogino, Akira Tsuboi, Masako Takahashi

Research output: Contribution to journalArticle


Climate change is the most severe global problem. Every investor with a social and long-range view intends to improve climate performances by means of its investment. Companies should appeal to investors by disclosing their environmental activities. Among many disclosure systems, CDP (the former Carbon Disclosure Project) is the pioneer of the global one. This study shows the relation between corporate activity to prevent climate change and shareholder structure, by means of the response to CDP Japan 500. This investors' activity study indicates that disclosing the climate performance affects investor's activity to hold the stock of companies preventing climate change. It is critical that the company that is requested to provide information on climate change by CDP answers it and aims at high CDP score. In particular, this study shows the relation between investors and companies and promotes corporate activity to prevent climate change.

Original languageEnglish
Pages (from-to)97-108
Number of pages12
JournalPertanika Journal of Social Science and Humanities
Issue numberMay
Publication statusPublished - 2015 May 1



  • CDP (The Carbon Disclosure Project)
  • Climate change
  • Shareholder structure

ASJC Scopus subject areas

  • Arts and Humanities(all)
  • Business, Management and Accounting(all)
  • Economics, Econometrics and Finance(all)
  • Social Sciences(all)

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