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Major businesses 'engaging with climate change issues'

Major businesses 'engaging with climate change issues'

A growing number of global organisations are making a commitment to reducing their carbon emissions through energy-saving initiatives and other green measures, it has been claimed.

To coincide with this week's climate change summit at the United Nations in New York, the Carbon Disclosure Project (CDP) has launched its Global 500 report, which names the world's leading businesses for tackling climate change.

This year's report saw the CDP receive its highest ever response rate, with 82 per cent of Fortune Global 500 firms sharing their environmental data, compared with 77 per cent last year.

Speaking to the Washington Post, CDP chief executive Paul Dickinson said that major organisations are beginning to realise that improving energy performance and cutting emissions can boost their bottom line.

He told the newspaper that corporations are "demonstrating they are willing, ready and able to engage with" climate change issues.

"We are moving, without any doubt, into a carbon-constrained world," Mr Dickinson added.

In the CDP's Global 500 report, 70 per cent of the respondents were organisations based in five countries - France, Germany, Japan, the US and the UK.
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Wednesday 23rd September 2009