World's Largest Companies To Address Change

CHUQ

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.

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Tumbleweed · Black Ops Joined: 02 Jul 2007 Posts: 3687 votes: 3

Quote:

The companies that reported their emissions for the survey represent 14% of all global, man-made greenhouse-gas emissions, or nearly 7 trillion tons of carbon, according to the report

That's a start but the real hurdle will be getting governments on board to set guidelines, standards, and enforcement.
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CHUQ · Posted: Tue Sep 25, 2007 2:40 am Post subject:

I see moist of them following BP's lead , change your logo to something light and earhty then come up with a cute saying like "Beyond Petroleum", while the core of your production and emissions stays the same, but they are working on it.
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Tumbleweed · Black Ops Joined: 02 Jul 2007 Posts: 3687 votes: 3

It would be great if more companies came on board but the profits still dictate their policies.
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CHUQ · Posted: Wed Sep 26, 2007 2:56 am Post subject:

You know emissions are a huge prob, but there is another prob that absolutely no one wants to talk about. Overpopulation! There is the biggest and it will eventually need to be addressed.
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