Less than half of Europe's top 300 firms are publishing full and verified carbon emission data, with French and Swiss companies ranking worst at greenhouse gas reporting, a study showed Tuesday.
British financial services company Aviva placed first in the rankings based on emissions and levels of disclosure and verification, while Polish mining company KGHM came in last, according to the non-profit Environmental Investment Organisation (EIO).
Swiss telecom operator Swisscom ranked first among non-financial companies while unsurprisingly utilities were overall the biggest emitters, accounting for nearly 46 of all climate-changing greenhouse gases.
The EIO compiled its Environmental Tracing Europe 300 Carbon Ranking index and plans to release further regional indexes and a global index in the coming months to provide tools for the investment community to tackle climate change." Read more
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