Friday, February 04, 2005

Big investors turn up the heat on carbon

143 prominent institutional investors have demanded more information on the greenhouse gas emissions of 500 of the world's largest quoted corporations. United under the banner of the Carbon Disclosure Project, these investors have requested the emissions-related information to help them make sound investment decisions.
These investors include big names such as ABN Amro Asset Management, BNP Paribas Asset Management, Generation Investment Management, Merrill Lynch Investment Managers and Morley Fund Management.
In total they account for funds worth around $20 trillion.
As part of this request, companies have been asked to fill in questionnaires on a range on issues such as carbon dioxide emissions, energy costs, use of energy-efficient technology and supply chain management.

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