Apple, BMW, LG, HP, Coca-Cola, and Walmart are among the 187 companies cited by non-profit Carbon Disclosure Project for doing the most to combat climate change. These green warriors also outperform the Bloomberg World Index. The five Canadian companies that made this elite group are TD Bank, Bombardier, TransCanada, Teck Resources, and CN Railway. I find out how their stock prices compare to the S&P/TSX Index.
Tag: Carbon Disclosure Leadership Index
How Third-Party CSR Ratings Impact Share Price
Being added to external corporate social responsibility indices enhances a company’s reputation and can affect its share price, but not always in ways expected. This article examines how the stock prices of 121 companies changed after being added to or removed from the Calvert Social Index.