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Article

20 Jun 2008

Author:
World Business Council for Sustainable Development, World Economic Forum

Global Business Leaders Deliver Practical Climate Change Plan to G8 Leaders

Detailed climate change recommendations to the Group of Eight leaders, backed by an influential group of CEOs from many of the world's largest companies, were delivered today to Prime Minister Yasuo Fukuda of Japan, who will host the G8's annual summit next month in Hokkaido, Japan. The document outlines a new, more “environmentally effective and economically efficient” long-term policy framework to succeed the Kyoto Accord. It was presented on behalf of the group of 91 chairmen and CEOs by World Economic Forum Executive Chairman and Founder Klaus Schwab... A multi-industry, cross-regional steering committee, including Alcoa, Applied Materials, AIG , Basic Elements, British Airways, Deutsche Bank, Duke Energy, EDF, Eskom, Petrobras, RusHydro, Shell, Telstra, Tepco [Tokyo Electric Power], TNT [part of TPG] and Vattenfall, led the development of the recommendations...