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Sustainability :: Climate Change

EU Companies Require 'Quantum Leap' to Decouple Emissions from Economic Growth

4:15 AM MST | November 22, 2011 | Alex Scott

If European companies in the four highest emitting sectors of utilities, materials, energy and industrials - including chemicals - achieved their current greenhouse gas (GHG) emissions reduction targets set to 2020, they would deliver an average annual emissions reduction of just 1.7%. This falls short of the Intergovernmental Panel on Climate Change (IPCC) recommended reduction of 2.65%/year and underperforms all other sectors combined by 1.3%. This is according to Europe 300, a new report published today by Carbon Disclosure Project’s (CDP; London), an...

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