Energy Saving News
Top 100 companies urged to step up conservation efforts
The world's largest companies are not doing enough to reduce their carbon emissions, according to a report published by the not-for-profit organisation Carbon Disclosure Project.
Most of these major companies have put in place carbon reduction and energy conservation measures, but their schemes do not go far enough and still fall below the targets required for emissions in developed economies to be cut by 80 per cent by 2050.
According to Paul Dickinson, chief executive of the Carbon Disclosure Project, if the companies step up their conservation, innovations of new, low carbon products and services could be sparked.
"While 73 per cent of global 100 companies have set some form of reduction target, the majority need to be far more aggressive if they are to achieve the long-term reductions required," he said.
"This is a time of huge opportunity for businesses to gain competitive advantage by reducing their own impact on the climate and benefit from associated cost savings."
Carbon Disclosure Project encourages investors, governments and corporations to go green to avert climate change.
Friday 4th September 2009
