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Article

22 Nov 2005

Author:
Claudia H. Deutsch, New York Times

Saving the Environment, One Quarterly Earnings Report at a Time

Cargill is one of several companies profiting from the concerns - of shareholders, communities and consumers - about global warming, leaking landfills and other potential environmental hazards... "Investors believe it is simply not acceptable to be environmentally irresponsible," said Abby Joseph Cohen, chief United States investment strategist at Goldman Sachs... The reasons are as much financial as moral, added Stanley G. Deutsch, a research analyst at Babson Capital Management. "Pension accounting, legal problems, and these days, environmental problems, all can be claims on cash flow," he said. [also refers to General Electric, Chevron, NatureWorks (part of Cargill), Wal-Mart, Wild Oats, Del Monte (Fresh Del Monte Produce), Newman's Own Organics, Northern Biodiesel, Goldman Sachs, Procter & Gamble, Colgate-Palmolive, Eastman Gasification (part of Eastman Chemical), Air Products, DuPont, CSI Leasing, Executive Personal Computers (part of CSI Leasing)]