Monday 18 September 2006

World's leading companies lack plan on climate change

By Saeed Shah
Published: 18 September 2006
Most of the world's 500 biggest companies have no programme in place, with explicit targets, to reduce their emissions of greenhouse gases, despite mounting evidence that the earth is heading towards environmental catastrophe.

The most comprehensive study of the environmental behaviour of the world's biggest corporations, by the Carbon Disclosure Project (CDP), found that emissions from these businesses are rising at an alarming rate and most are not acting to tackle the issue.

Among the worst performers in the research, which rates companies on a scoring system, were Pepsi, the soft drinks giant, Nintendo, the computer gaming group, and the financial services giant American Express. Among the 33 British companies, the company doing the least, by far, to address the issue is BAE Systems, the arms manufacturer that employs thousands of people in this country.

Even more worrying for the researchers was the 140 companies that did not provide any data, suggesting an even lower level of concern about the environment. Among these were Honda, Bridgestone, Apple Computers, Goldman Sachs, Kellogg, Philips, Google and Yahoo!.

More at the following address:

http://news.independent.co.uk/business/news/article1616722.ece

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