Green Investments
A study by the Carbon Disclosure Group have found that most of the worlds biggest companies are not cutting their CO2 emissions despite this could have a significant effect on their profitability.
What is the potential impact?
carbon-info.org
The study found that in the worst case carbon emissions could reduce annual profits with 45% for US power producers. Steel and mining companies could see reductions above 20%, while the chemicals sector could expect a 45% decline in profits.
Global Warming means investment opportunities
While some companies will suffer because they are contributing to Global Warming, others will prosper because they have a positive impact on CO2 emissions. 'Green' companies will be the future darlings of professional and private investors.
An example is the UK company ToroTrak, which is developing new gear system for cars. Their gear system will deliver improved fuel economy and help reduce vehicle CO2 emissions.
What companies are doing well?
Boeing (US), Home Depot (US), Apple (US), Wal-Mart (US), Carnival (US) and news Corporation (US) did not want to reveal emission figures or refused to participate in the study.
Who needs to do better?
BP (UK), Unilever (UK), Tesco (UK), ScottishPower (UK) and Barclays (UK)
IVT Gear
7) Green investments