Do you believe this?
NEW YORK -(Dow Jones)- A majority of the world's 500 largest publicly traded companies have implemented greenhouse-gas emission reduction plans, according to a study released Monday.
The yearly report, issued by a group of investors called the Carbon Disclosure Project, looks at the effect of climate change on company value and gauges what companies are doing to manage the associated risks.
The group is composed of 315 investors with a total of $41 trillion in assets under management, including Morgan Stanley (MS), Merrill Lynch & Co. (MER) and Calpers, the California pension fund.
The survey was sent to a total of 2,400 companies, of which 1,300 companies responded, including 76% of the world's largest 500 companies, by market capitalization, according to the report. The group has been gathering information from major companies about their views and response to climate change since 2000.
LINK


