Some U.S. firms acting on climate change, others lagging

Report
 
March 21 -- Some U.S. companies are recognizing the global warming issue and addressing it with changes at their firms, while others are lagging, according to a study released today by the Ceres investor coalition.

The report is the first that the investor group has published analyzing how 100 companies are addressing the increasing financial risks and opportunities presented by climate change. The report, "Governance and Climate Change: Making the Connection," profiles 76 U.S. companies and 24 foreign corporations in 10 business segments.

Ceres used a 100-point scoring system to rank the largest companies in the oil and gas, electric power, automobile, chemical, industrial equipment, mining and metals, coal, food products, forest products and air transportation sectors.

More information regarding the report is available at Ceres´ Web site, www.ceres.org .

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