Template:Big businesses and climate change

From Lauraibm

Full story: Big Businesses "Failing to Tackle Climate Change" (9-Oct-07)

The second annual report from the Carbon Disclosure Project (CDP) found that a mere 38% of the FTSE 350 companies that responded have put in place schemes to reduce greenhouse gas emissions. These findings have prompted leading environmental agencies, UK companies and cross party MPs to push for a call on the government to introduce a “common protocol” forcing companies to report their emissions in a consistent and comparable way.

Investors have a key role to play, it is their responsibility to emphasise to the market that carbon disclosure is vital, and to show companies that this will affect their investment decisions.