Wyatt earp
Diamond Member
- Apr 21, 2012
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Really now I thought this was all about burning fossil fuel in our cars.......................
looks like someones been lying, wonder who?
Climate change: Investors pressure concrete producers over CO2 emissions - CNN
London (CNN Business)Investors worried about climate change are warning the world's biggest cement producers to reduce their emissions or face extinction.
A group of investors that manages $2 trillion on Monday pressured cement makers to accelerate efforts to reduce their emissions. The coalition is made up of members of the Institutional Investors Group on Climate Change and Climate Action 100+, a leading campaign group with 320 supporters.
*Snip*
Global investors are becoming more active in pushing companies to take meaningful actions to combat climate change. They have previously targeted oil and gas companies, extracting commitments from Royal Dutch Shell (RDSA).
The latest call to action targets four major building materials companies based in Europe: CRH(CRH), Lafarge Holcim, Heidelberg Cement (HDELY) and Saint-Gobain. The investors want the cement producers to commit to being carbon neutral by 2050. They are also asking for improvements to corporate transparency, disclosure and oversight on climate change.
The demands have been sent to board chairs at each of the four companies. The letters are signed by investors including BNP Paribas Asset Management and Aberdeen Standard Investments.
looks like someones been lying, wonder who?
Cement production, which uses huge amounts of heat and energy, is responsible for 7% of man-made carbon dioxide emissions. If the cement industry were a country, it would trail only the United States and China in emissions of the greenhouse gas.
Climate change: Investors pressure concrete producers over CO2 emissions - CNN
London (CNN Business)Investors worried about climate change are warning the world's biggest cement producers to reduce their emissions or face extinction.
A group of investors that manages $2 trillion on Monday pressured cement makers to accelerate efforts to reduce their emissions. The coalition is made up of members of the Institutional Investors Group on Climate Change and Climate Action 100+, a leading campaign group with 320 supporters.
*Snip*
Global investors are becoming more active in pushing companies to take meaningful actions to combat climate change. They have previously targeted oil and gas companies, extracting commitments from Royal Dutch Shell (RDSA).
The latest call to action targets four major building materials companies based in Europe: CRH(CRH), Lafarge Holcim, Heidelberg Cement (HDELY) and Saint-Gobain. The investors want the cement producers to commit to being carbon neutral by 2050. They are also asking for improvements to corporate transparency, disclosure and oversight on climate change.
The demands have been sent to board chairs at each of the four companies. The letters are signed by investors including BNP Paribas Asset Management and Aberdeen Standard Investments.