World’s leading companies lack plan on climate change
In the UK The Independent is warning us World’s leading companies lack plan on climate change.
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.
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.
Of the 500 biggest companies in the world, 360 provided information to the CDP and although 87 per cent of them recognised climate change as a key risk, 52 per cent of these businesses had no targets to reduce their emissions.
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!.
Counting together those with no reduction programme and those unwilling to provide information, 65 per cent of the world’s biggest businesses have not implemented an emissions reduction programme. The companies surveyed are responsible for 10 per cent of the world’s annual greenhouse gases emissions, producing 3.3 billion tonnes of carbon dioxide this year.
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