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laodan discovered 21 months ago- Swiss bank targets top companies' impact on climate change in AFP Investors can now assess how the world's 1,800 biggest companies and their products are contributing to climate change before investing in them, say the developers of a new rating system. The "Envimpact" rating weighs the most environmentally-sensitive phase in the life cycle of the products or services delivered by 140 corporate sectors, according to Centre Info, a Swiss company that specialises in social and environmental rating tools for investors. Envimpact also focuses on the quantity of carbon dioxide emissions, which are regarded by many scientists as the main cause of global warming. Centre Info devised the system along with Swiss private bank Pictet. URL: Swiss bank targets top companies' impact on climate change
Good move. This could touch capital where it makes pain. "LaRevueDurable, a Swiss-based environmental magazine, is calling for the system to be adopted as a label categorising publicly-quoted companies or investment funds, similar to those rating the energy efficiency of refrigerators or washing machines for consumers."
- Swiss bank targets top companies' impact on climate change in AFP Investors can now assess how the world's 1,800 biggest companies and their products are contributing to climate change before investing in them, say the developers of a new rating system. The "Envimpact" rating weighs the most environmentally-sensitive phase in the life cycle of the products or services delivered by 140 corporate sectors, according to Centre Info, a Swiss company that specialises in social and environmental rating tools for investors. Envimpact also focuses on the quantity of carbon dioxide emissions, which are regarded by many scientists as the main cause of global warming. Centre Info devised the system along with Swiss private bank Pictet. URL: Swiss bank targets top companies' impact on climate change
