UK: 2 new business initiatives to tackle climate change - launched by investment banks & by Confederation of British Industry members incl. BT, Barclays, Tesco, Rolls-Royce

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Article
11 January 2007

Banks, businesses seek answers on climate change [UK]

Author: Environmental Finance [UK]

A group of investment banks is to investigate how best to include climate change in investment decisions...Sponsored by the City of London Corporation and BP, the project already has the support of investment banks including Morgan Stanley, Bank Sarasin, HSBC, Société Générale, Credit Suisse and Canaccord Adams...Elsewhere, top-level executives from BT, Barclays, Tesco, Rolls-Royce and British Airways, among others, have joined a climate change task force organised by the Confederation of British Industry (CBI), a UK employers' association.

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Article
11 January 2007

CBI [Confederation of British Industry] sets up climate change task force

Author: Confederation of British Industry

Chairmen and Chief Executives from some of the UK’s biggest companies have attended the inaugural meeting of the CBI's climate change task force. The new group, chaired by BT Chief Executive Ben Verwaayen, has been established to set the agenda on how business tackles climate change. It will produce a report later this year with wide-ranging recommendations for action. [Companies represented on the task force: BT, Barclays, McKinsey, BP, Ineos ChlorVinyls, RWE npower, Aviva, Tesco, Sun Microsystems, George Wimpey, Rolls-Royce, Cambridge Recycling Services, Shell, Corus, British Airways, Siemens]

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