Majority of European firms have no CO2 reduction targets

Majority of European firms have no CO2 reduction targets
 

Most European companies have no target for reducing their greenhouse gas emissions even though 80% see climate change as a business risk, a survey has found.
Among those that have set climate goals, only one in three stretch beyond 2025, according to the annual Carbon Disclosure Project report.
Instead, corporate action has focused in the boardroom, with 47% of firms rewarding their CEOs for climate performance, and a quarter tying incentives to environmental goals.
European firms now make up half of the CDP’s environmental “A-list” and the managing director for Europe, Steven Tebbe,... read more

 
19 February 2019 in World News, Views: 39
Source: Guardian
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