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Article

18 Sep 2006

Author:
Saeed Shah, Independent [UK]

World's leading companies lack plan on climate change

Most of the world's 500 biggest companies have no programme in place, with explicit targets, to reduce their emissions of greenhouse gases... Among the worst performers in the research...were Pepsi..., Nintendo..., and...American Express. Among the 33 British companies, the company doing the least, by far, to address the issue is BAE Systems... CDP is an international coalition of institutional investors, which...includes the likes of Aberdeen Asset Management, Hermes Investment Management and HSBC in the UK...140 companies...did not provide any data, suggesting [a very low] level of concern about the environment. Among these were Honda, Bridgestone, Apple Computers, Goldman Sachs, Kellogg, Philips, Google and Yahoo!... [Besides BAE, the] UK companies scoring below average were Standard Chartered, Scottish & Southern, SABMiller, Royal Bank of Scotland, Prudential [plc], O2 [part of Telefónica], Lloyds TSB and BAT [British American Tobacco].

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