14 Sep 2011:
Majority of Big Companies
Adopt Climate Strategies, Survey Finds
A new survey conducted by the UK-based Carbon Disclosure Project finds that for the first time a majority of the world’s largest public corporations are including steps to combat climate change as part of their business strategies
. In a survey of 396 of the world’s 500 largest companies, 68 percent said they now have strategies for dealing with climate change, compared with 48 percent last year. And 45 percent of respondents reported reductions in greenhouse gas emissions as a result of climate strategies, compared with 19 percent last year. The Carbon Disclosure Project
also found a correlation between companies with focused carbon strategies and stock market performance, with those companies addressing the issue earning double the average return from 2005 to 2011. “Companies yet to take action on climate change will have to work hard to remain competitive as we head towards an increasingly resource constrained, low-carbon economy,” said Paul Simpson, CEO of the Carbon Disclosure Project. The survey found that the energy sector had the lowest proportion of companies setting emissions targets in the latest survey, while the utilities sector delivered the best climate change performance.
Yale Environment 360 is
a publication of the
Yale School of Forestry
& Environmental Studies
Yale Environment 360
articles are now available in Spanish and Portuguese on Universia
, the online educational network. Visit the site.
Business & Innovation
Policy & Politics
Pollution & Health
Science & Technology
Antarctica and the Arctic
Central & South America
Photographer Robert Wintner documents the exquisite beauty and biodiversity of Cuba’s coral reefs, which are largely intact thanks to stifled coastal development in the communist nation. View the gallery.
is now available for mobile devices at e360.yale.edu/mobile
The Warriors of Qiugang
, a Yale Environment 360
video, chronicles a Chinese village’s fight against a polluting chemical plant. It was nominated for a 2011 Academy Award for Best Documentary Short.
Watch the video.
Top Image: aerial view of Iceland
. © Google & TerraMetrics.
A three-part series Tainted Harvest
looks at the soil pollution crisis in China, the threat it poses to the food supply, and the complexity of any cleanup. Read the series.