Corporate Challenge: Making Business Sense of CO2There is a growing consensus on the need for business to go green in the low carbon future. Especially in the European corporate sector, carbon commitment is becoming a serious reality. As of 28 December 2007, companies accounting for approximately 74 percent of the market capitalization of the FTSE 100, 71 percent of DAX 30, and 43 percent of Euronext 100 have made significant commitments on their carbon footprint, and have set or achieved quantified CO2 emissions reductions (9 June 2008, Freshfields Bruckhaus Deringer-cebr Carbon Commitment Index Report). Carbon commitments are broadly constructed in the financial services sector, but are increasingly appearing across a wide range of sectors, both small and large. Studies show that there is no direct correlation between carbon commitment and business underperformance. Rather, efforts to combat climate change will bring immense benefits both to the environment and to your business.
Additional benefits
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