Home / Environment / News Tools: Save | Print | E-mail | Most Read | Comment
IBM scores high for confronting climate change
Adjust font size:

International Business Machines (IBM) ranked first among large businesses in confronting climate change, according to a study published on Friday.

Tesco, the British supermarket chain, and Dell Inc. came second and third respectively in the study carried in the San Francisco Chronicle.

The study also gave good grades to Silicon Valley high-tech firms like Intel, Applied Materials, Sun Microsystems, Hewlett- Packard, Cisco Systems and Safeway, but a relatively poor grade for Apple, which authors of the study said was late to the effort compared with other tech companies.

The ranking, by Ceres, a Boston group that joins investors and environmentalists to push businesses to improve their environmental records, makes a case that going green makes good business sense, the paper said.

The study showed that some major technology and consumer companies are doing praiseworthy work in confronting the business challenges posed by climate change, while others' efforts are wanting.

The analysis of the climate change governance practices of some of the world's largest retail, pharmaceutical, technology, apparel and other companies is intended to give those earning high marks their due and motivation to low scorers, and to inform consumers about best practices.

"Investors care about how these companies stack up against each other," said Mindy Lubber, president of Ceres and director of the Investor Network on Climate Risk, a coalition of 70 investors with, according to Ceres, collective assets of 7 trillion U.S. dollars and focused on the business impacts from climate change.

"Businesses know how their environmental records impact the bottom line and consumers care about the companies with products they are purchasing," Lubber said.

(Xinhua News Agency December 13, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous

China Archives
Related >>
- Climate change alters ocean chemistry: study
- Poznan climate talks pave way for Copenhagen
- Let's play the music of save the planet
- Rich nations need to 'lend their help'
- New climate deal based on justice, progress
- EU leaders urged to reach climate change deal
Air Quality 
Cities Major Pollutant Air Quality Level
Beijing particulate matter II
Shanghai particulate matter I
Guangzhou particulate matter II
Chongqing particulate matter II
Xi'an particulate matter III1
NGO Events Calendar Tips
- Environmental English Training (EET) class
- Hand in hand to protect endangered animals and plants
- Changchun, Mini-marathon Aimed at Protecting Siberian Tiger
- Water Walk by Nature University
- Green Earth Documentary Salon
More
Archives
Sichuan Earthquake

An earthquake measuring 7.8 on the Richter scale jolted Sichuan Province at 2:28 PM on May 12.

Panda Facts
A record 28 panda cubs born via artificial insemination have survived in 2006.
South China Karst
Rich and unique karst landforms located in south China display exceptional natural beauty.
Saving the Tibetan Antelopes
The rare animals survive in the harsh natural environment of the Qinghai-Tibet Plateau.
More
Laws & Regulations
- Forestry Law of the People's Republic of China
- Meteorology Law of the People's Republic of China
- Fire Control Law of the People's Republic of China
- Law on Protecting Against and Mitigating Earthquake Disasters
- Law of the People's Republic of China on Conserving Energy
More
Links:
State Environmental Protection Administration
Ministry of Water Resources
Ministry of Land and Resources
China Environmental Industry Network
Chengdu Giant Panda Research Base