Companies not doing enough to protect nature, environmental non-profit says

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 66%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

LONDON : Companies are not doing enough to stop biodiversity loss, and most have no idea about the damage to nature caused by their supply chains, a report from environmental disclosure platform CDP said on Wednesday.Around 20,000 companies report to non-profit CDP on a range of climate and other data, wh

LONDON : Companies are not doing enough to stop biodiversity loss, and most have no idea about the damage to nature caused by their supply chains, a report from environmental disclosure platform CDP said on Wednesday.

CDP said responses to its questionnaire on biodiversity from more than 7,700 companies marks the largest-ever such self-assessment, and comes ahead of global talks to hammer out a deal on protecting biodiversity in Montreal starting Dec. 7. A recent report by the Organisation for Economic Co-operation and Development suggested so-called eco-system services such as crop pollination and water purification were worth up to $140 trillion a year.

Despite that, 55 per cent of respondents had not taken action to progress their commitments over the last year and 70 per cent did not assess the impact of their supply chain on biodiversity, CDP said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Mr. Nationwide just used the wrong weapon, and wound up... killed in action.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Repeat offenders made up more than half of 558 companies with workplace safety breachesSINGAPORE: Repeat offenders made up 'slightly more' than half of the 558 firms penalised for workplace safety breaches in a recent enforcement operation, Senior Minister of State for Manpower Zaqy Mohamad told Parliament on Tuesday (Nov 29). This was despite a six-month heightened saf
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

UK to fine tech companies that fail to remove self-harm materialLONDON — Britain's government intends to make it illegal to encourage others to harm themselves online and will fine social media companies that fail to remove such material, as part of a revamp of legislation governing online behaviour. Promoting suicide is already illegal, but Britain's digital, culture, media and sport ministry said in a statement that it now wanted to...
Source: asiaonecom - 🏆 10. / 59 Read more »

Italy seeks new options for TIM with network bid seen on holdMILAN : Italy is working to find by the end of the year the best market-friendly options for struggling Telecom Italia (TIM), signaling that a planned bid for the phone group's landline grid by state lender CDP has been put on hold. A deadline for CDP to submit its offer, part of a broader project to comb
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »