In 2010, the CDP asked the world’s 500 largest public companies in the FTSE Global Equity Index Series...to demonstrate that they are taking action on climate change. This report, prepared by CDP’s global adviser, PricewaterhouseCoopers (PwC), analyzes the responses from those corporations. The CDP responses of 2010 suggest there has been a shift in emphasis from an approach dominated by risk, to one that now also embraces opportunity...This year, CDP recognizes 48 Global 500 companies in its new Carbon Performance Leadership Index (CPLI). As the level of understanding of climate change and its challenges for business has improved, so have the number of companies taking positive action to mitigate the risks of climate change. The CPLI recognizes companies that are taking action to reduce global emissions by listing the companies with the highest performance scores.