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Last updated on April 17, 2014 at 1:21 EDT

Latest Business action on climate change Stories

2006-06-20 18:04:11

By Alister Doyle, Environment Correspondent OSLO (Reuters) - The World Cup, a movie by former U.S. Vice President Al Gore and the World Bank are all doing their bit to fight global warming by using the burgeoning but barely regulated business of "carbon neutrality." Holidaymakers, worried that jet fuel emissions are warming the planet, and firms such as Europe's biggest bank HSBC are also seeking to reduce damage to the environment. "The market has ... exploded in the past 12...

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2006-02-01 02:30:00

By Gerard Wynn LONDON -- Investors with some $30 trillion of assets have written to 1,933 of the world's biggest companies demanding disclosure on their climate change stance, the UK-based Carbon Disclosure Project (CDP) said on Wednesday. The world's biggest shareholders want to know how well prepared companies are for the effects of climate change and for hardening climate change policy, as fears grow for impacts on investments. The CDP's fourth such annual request is on behalf of a...

2005-11-01 07:52:59

By Gerard Wynn LONDON (Reuters) - Businesses are feeling the heat as the world warms up and investors demand to know what companies are doing to curb greenhouse gases -- adding a new element to financial risk that analysts say industry can no longer ignore. In Europe, some 12,000 factories and power plants already have to audit their output of one greenhouse gas, carbon dioxide (CO2), under the European Union's emissions trading scheme (ETS), which charges firms if they exceed a CO2...