19 Sep '13, 11am

Walmart, FedEx among the top 50 undermining climate progress #GrnBz

Walmart, FedEx among the top 50 undermining climate progress #GrnBz

Over the past 20 years, many of the world's biggest corporations have committed to seriously address climate change and have followed that up with targets and initiatives. Most companies are criticized for moving too slowly, but even that progress is being undermined by just 50 corporations that, it turns out, produce 75 percent of the greenhouse gases of the 500 biggest publicly traded companies -- the FTSE Global 500 -- reports the CDP (formerly Carbon Disclosure Project) and PwC. These grand polluters -- primarily in the energy, materials and utilities sectors -- have increased emissions 1.65 percent over the past four years, the equivalent of adding over 8.5 million pickup trucks to the roads or supplying electricity to 6 million homes for a year, according to the U.S. EPA. And the 10 biggest polluters have increased emissions 53 percent since 2009. Some of those 50 gr...

Full article: http://www.greenbiz.com/blog/2013/09/18/walmart-fedex-50-...

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