According to The Carbon Disclosure Project (CDP), a total of 48 percent of companies polled believe that climate change yielded opportunities for new products and service. However, only 21 percent had set aside a dedicated budget for low-carbon research and development.
IBM, the services provider, is one organization that is driving new revenues through offering solutions in this field. It received 86 points, and a "B" grade, for its own eco-friendly efforts.
"We do it because it makes good business sense," said Wayne Balta, vice president, corporate environmental affairs and product safety, at IBM. As an example, IBM saved nearly $500m on energy bills from 2000–10.
For 68 percent of interviewees, climate change presented the opportunity to tap new customer behaviors or improve their corporate reputation, up from 58 percent last year.
For more information click here.
© 2012, Richard Matthews. All rights reserved.
Related Posts
Top Ten Companies in the 2012 Carbon Disclosure Project Report
CDP Report Shows a Growing Number of Companies See the Risks Posed by Climate Change
CDP Identifies Germany as the Global Sustainability Leader
CDP Report Shows a Growing Number of Companies are Embracing Sustainability
CDP Report Shows Sustainability Offers a Competitive Advantage & Better ROI
Corporate America is Benefiting from Taking Action
Complimentary Webcast on How Companies are Leveraging CDP Disclosure
Home
benefit
business opportunity
carbon
Carbon Dioxide
CO2
companies
company
corporation
emissions
Leader
leadership
leading
low carbon
reductions
Report
research
Review
Study
The Low Carbon Business Opportunity
- Blogger Comment
- Facebook Comment
Subscribe to:
Post Comments
(
Atom
)
0 comments:
Post a Comment