Survey examines impact of the recession on companies' climate change strategies
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Author: Environmental Finance
Many global businesses foresee putting climate change action on the back burner as the recession continues to bite, according to a survey [of 538 companies] by the Economist Intelligence Unit (EIU)…Just over half of companies said they had some kind of climate strategy in place, although most concentrated on energy efficiency and focused on internal activities, without engaging in the climate impact of their supply chains, partners and customers. Moreover, 75% of respondents said business in general has been slow to prepare for the long-term impact of climate change…Executives would generally welcome more government intervention on the issue.
Author: Economist Intelligence Unit, The Economist
2009 has the potential to be a watershed year for climate change. The clock is counting down to the Copenhagen conference in December…Whatever policymakers in these various regions decide, the impact of regulation will fall primarily on the corporate sector, which is directly responsible for at least 40% of all greenhouse gas emissions…[T]his report considers the current attitudes within business regarding climate change, the actions that are being taken and the impact of the global economic outlook on the efforts being made...[refers to Alcoa, Allianz, APX, Ben & Jerry (part of Unilever), BT, CLP Group, Coca-Cola, De Beers Group, DLA Piper, DuPont, Eurostar, Ferrari, GE Money, Google,Grasim, HSBC, IBM, KPMG, Li & Fung, Mazda, Nissan, Pepsi, Procter & Gamble, Sainsbury, SAP, Sarasin Bank, Seven & i Holdings, Shell, Siemens, Skanska, Sony, Sumitomo Chemicals (part of Sumitomo Group), Sun Microsystems, Suzuki, Tesco, TNT, Tokyo Electric Power, Tropicana, Unilever Group, UPS, Walkers Crisps, Walmart, Westpac, Xcel Energy]
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- Related companies: Alcoa Allianz Ben & Jerry's (part of Unilever) BT Coca-Cola De Beers DLA Piper DuPont Google HSBC IBM KPMG Li & Fung Mazda Nissan PepsiCo Procter & Gamble Sainsbury SAP Seven & i Shell Siemens Skanska Sony Sumitomo Chemical (part of Sumitomo Group) Sun Microsystems Suzuki Tesco TNT (part of TPG) Tokyo Electric Power (TEPCO) Tropicana (part of PepsiCo) Unilever UPS Walkers (part of PepsiCo) Walmart Westpac Xcel Energy