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corporate climate change actionsScienceDaily
•80% Informative
Kyushu University study examined relationship between climate change mitigation actions and the cost of capital for 2,100 Japanese listed companies from 2017 to 2021 .
Findings show companies that maintain lower carbon intensity and disclose more climate-related information can reduce their capital costs.
Conversely, mere commitments to climate change without actionable measures do not significantly impact costs.
Collaboration among investors, companies, academics, and policymakers is indispensable for tackling the global climate crisis and achieving carbon neutrality.
Kyushu University hopes to become one of the leading teams in climate impact research.
"We hope our research provides the scientific evidence needed to support companies," says Hidemichi Fujii .
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