Failure by UK’s largest firms to set a carbon reduction target
by Jeremy Davies - October 27th, 2009.
Roughly two-thirds of the largest 350 UK fi rms listed on the FTSE Index have failed to set a carbon reduction target. Firms disclosing emissions data are responsible for 390m tonnes of CO2 equivalent greenhouse gases, making up 61% of total UK emissions.
Whilst there is currently no legal obligation to set a carbon reduction target, the Carbon Disclosure Project suggests that a global deal will be essential in providing a framework for businesses to set targets.
