Report Shows Slight Rise in Emission Reduction Targets

Carbon emissions reporting practices in the global materials sector, which includes chemicals, are about in line with norms across industry, according to a new report by the Carbon Disclosure Project (CDP; London). Some 81% of materials firms in the Global 500 submitted responses to CDP regarding their 2010 emissions, compared to 79% of all Global 500 firms. About 76% had set emissions reduction targets, slightly higher than 74% of all CDP respondents. CDP is a nonprofit that encourages companies to disclose carbon emissions on behalf of institutional investors...

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