business ‘must take lead’January 2001
Four in five of the international businesses listed on the London Stock Exchange are doing ‘little or nothing’ to reduce global warming emissions, according to preliminary returns of Business in the Environment’s (BiE) annual survey for the Index of Corporate Environmental Engagement.
More than eighty per cent of those responding to the survey had either set no reduction targets at all, or targets which were unspecified or ‘very low’, said researchers.
BiE has now appealed to businesses ‘to take immediate action to reduce global warming emissions’ rather than wait for governmental targets which – in the light of the failed talks at the recent Hague climate change convention – may take a long time to appear.
Despite what it calls the ‘poor showing’ by the majority of companies that have completed the survey, BiE says there are examples of businesses setting ‘inspirational’ targets – including one transport company committed to a 30 per cent improvement in fuel efficiency by 2010, compared with 1990.
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