Actual Headline! "Firms Say Climate Change Brings Financial Risk" - WP

[hatrack]

LONDON (Reuters) - More and more big companies think climate change could have an impact on their bottom lines, according to a survey backed by major investors, the survey's authors said on Monday. Eighty-seven percent of FT500 companies responding to the Carbon Disclosure Project (CDP) said climate change represented "commercial risks and/or opportunities," the survey's authors said in a summary.

EDIT

The CDP is backed by investors with over $31.5 trillion of assets under management. A total of 360 companies -- 72 percent of the FT500 -- responded to the survey.

The response rate to the CDP, which asks companies about their greenhouse gas emissions, rose by one percent compared with the previous year.

The response to the survey among European companies was 86 percent, compared with 66 percent for North America based companies.

EDIT/END

http://www.washingtonpost.com/wp-dyn/content/article/2006/09/18/AR2006091800074.html

[YankeyMCC]

1. Oh well then if Money is at risk then maybe we'll do something!

I mean that's much more compelling than the Humans at risk! :sarcasm: :mad:

[Fridays Child]

2. Unfortunately, money is the only thing that makes most people wake up.

[phantom power]

4. Money is not the only thing...

food and water are a couple of others. Just ask the farmers in America and Australia this year.

By the way, you display a refined taste in avatars.

[InternalDialogue]

3. Sadly, for too many, the "financial risk"

trumps the existential risk.