Investors must 'push for green reporting'
Investors should play a major role in 'turning companies green', says environment campaigner Joan Ruddock
Investors should play a major role in 'turning companies green', says environment campaigner Joan Ruddock
Investors have been urged by the government’s climate change minister to
‘send strong signals to the market over the importance of a company’s
environmental record in making investment decisions’.
Joan Ruddock, speaking at a Carbon Disclosure Project launch in London, said
investors could and should play a major role in ‘turning companies green’.
Ruddock, a veteran anti-nuclear and environment campaigner, made it clear she
was relying upon exhortation and an appeal to self-interest, rather than further
amendments to the Companies Act, to strengthen the environmental reporting
aspects of annual reports.
She said: ‘It is imperative for government and businesses to work closely
together to question our practices, challenge them and, more importantly, make
business choices that reflect the importance of a low carbon economy.
The not-for-profit Carbon Disclosure Project encourages transparency and
accountability in business by calling for leading companies to disclose
information on how they measure, report and manage greenhouse gas emissions.
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