Tuesday, November 9, 2010

I Hate People Being In My Room

induced climate targets

A recent survey of the Ethos Foundation and shows from Raiffeisen Switzerland: 39 of the 100 largest quoted companies in Switzerland have specific targets for the reduction of CO2 emissions established or will soon. 58 of 100 respondents participated in this survey. Of these, sixty percent were willing to publish their answers.

The survey was carried out as part of the Carbon Disclosure Project (CDP). CDP is the largest international investors proposed in this area. First, the study also stated objectives: Eleven companies have ambitious targets for CO2 reduction. Ethos and Raiffeisen interviewed together the 100 largest listed companies in Switzerland for its climate strategy. The CDP survey for Switzerland in 2010 was carried out for the fourth consecutive year. remained with the participation of 58 companies of 100 the Participation rate compared to previous stable: 2009 56 had completed the questionnaire, 2008 it was 57th This confirms that a majority of the companies involved with the effects of climate change on their business strategies.

Besides the 42 companies that did not participate in the survey, 23 dispensed with the participating companies that their answers will be published. Also calculate and publish only a few companies in greenhouse gas emissions throughout the value chain, from procurement through production to the use of goods and services. The transparency of the industrial and healthcare companies has improved. So close that sectors reached on the financial industry, which regularly reviews good transparency. In particular, the company achieved Berner Kantonalbank, UBS Nestlé and progress and results achieved this year good transparency.

The report on the CDP survey in 2010 also has an innovation. First formulated by the company targets were examined to reduce greenhouse gas emissions. 31 of the participating companies have set reduction goals and eight more will define such soon. In particular, the companies undertook ABB, Clariant, Geberit, Holcim, Lonza Nestlé, Novartis, SGS and Swisscom to challenging CO2 reduction targets, and laid open to them.

is remarkable that the study, the reduction targets of any company in the financial sector as judged sufficiently challenging. This is because the banks and insurance companies apply restrictions on CO2 reduction within their own operations. Unlike other industries, they account for the reduction of greenhouse gas emissions targets do not they finance activities and projects. The CDP is

with 534 signatories in 2010, the world's largest coalition of institutional investors. They manage assets of more than 64,000 billion dollars, nine billion dollars more than last year. The CDP surveyed regularly listed companies around the world to their Strategy regarding climate change. Since it has a significant influence on the opportunities and risks may have the business operation, the information from the companies involved with any investment decision.

The Carbon Disclosure Project is an independent, nonprofit organization. It has the world's largest database of greenhouse gas emissions on climate change and strategies of companies. More than 2,500 companies worldwide to measure and publish their greenhouse gas emissions to the CDP in order to set reduction targets and improvements should be sought. This data is on behalf of 534 investors with total assets of 64,000 Billion dollars and collected by major companies and public bodies.

More information: www.cdproject.net

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