UK - Companies must take urgent action to reduce emissions in order to comply with the new carbon emission targets issued by the government, Isis Asset Management said.
Welcoming the government’s announcement of new, tighter carbon emission targets in the first phase of the European Union's programme to reduce CO2 emissions, Isis, a socially responsible investment specialist, said they were in line with and beyond the Kyoto targets.
Claudia Kruse, analyst, governance and socially responsible investment, ISIS said: “The cost of carbon can hit your bottom line - and it is imperative for any business not only to improve its operational efficiency, but also to carry out a thorough review of its product portfolio. There is no time left for companies to be complacent.”
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