Climate disclosures to get increased emphasis

Firms see communication with the public, investors as way to cut risk

More Chinese companies are realizing the importance of disclosing environmental information to the public and investors, turning risks into opportunities against the backdrop of climate challenges.

According to the 2014 CDP Climate Performance Leadership Index, which is compiled by the international nonprofit organization Carbon Disclosure Project, 45 China-based companies that responded to CDP this year disclosed their carbon footprints, up from 32 companies last year.