Many Firms See Global Warming Affecting Their Business

Most major companies see global warming as presenting “commercial risks or opportunities” to their business, but many of them are failing to curb their emission of greenhouse gases, a Britain-based group’s survey indicated Sunday.

CDP, which consists of 155 institutional investors and banks around the world, said only 45 percent of the respondents have established emission reduction targets and only 13 percent of them have reported a year-on-year reduction in their greenhouse gas emissions.

RedNova