Business ‘must lobby more’December 2010
Companies have been told to put more time and effort into positive lobbying on climate change in the wake of this month’s United Nations summit in Cancun, Mexico.
The Carbon Disclosure Project (CDP) has released a report on FTSE 350 companies warning that just a tenth of them are engaging with policymakers to drive sustainability, despite the desperate need for more government investment for a low-carbon economy.
Well over half of FTSE 350 companies said they engaged with policymakers, but only 13 per cent claimed ‘positive engagement to drive mitigation and adaptation’ on climate change. This was despite the fact that 80 per cent said greener operations and products would help their business and allow them to take account of shifting consumer demands.
Paul Dickinson, CDP executive chairman, said: ‘Companies globally are seizing commercial carbon opportunities, often acting ahead of any policy requirements, but business needs to work actively to encourage governments to take the bold steps needed that will deliver the levels of investment required in a low carbon society.’
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