Latest research from EIRIS, the London-based non-profit responsible investment research specialists, shows that leading European companies representing €1.2 trillion by market capitalisation are failing to address the various climate change risks they are exposed to. Climate change has the potential to seriously impact shareholder value and will affect businesses across every sector of the economy, especially in the medium to long term. The EIRIS 2010 European Climate Change Tracker Report focuses on the activities of 300 companies listed on the FTSE Eurofirst Index and analyses both the extent of their climate change impacts and also the quality of their responses to climate change. EIRIS’ research focuses on key parameters which enable investors to understand the extent to which efforts to tackle climate change are embedded within a company’s culture. Research parameters include product impacts, long-term targets, executive remuneration and disclosure. More…

Source: EIRIS