by Robert Kropp Report from the Carbon Disclosure Project
analyzes emissions reduction targets of the world's 100 largest
companies, and warns that targets are insufficient to meet
scientific guidelines. SocialFunds.com -- According to the
Fourth Assessment Report (AR4), published by the
Intergovernmental Panel of Climate Change (IPCC) in 2007,
greenhouse gas (GHG) emissions must be reduced by 80-95% by 2050
if the most dangerous effects of climate change climate change
are to be avoided. A recently issued analysis by the Carbon
Disclosure Project (CDP), entitled The Carbon Chasm, studied the
climate change mitigation efforts of the 100 largest companies
in the FTSE Global Equity Index Series, and found that their
efforts were insufficient for meeting the minimum annual global
reduction rate of 3.9%. The report found that the top 100
companies are on track for an annual reduction rate of only
1.9%. The research for the report was gathered from the
voluntary annual reporting on GHG emissions provided by compan