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Environmental survey says British companies worst in Europe

Britain oil refinery 300x160 Environmental survey says British companies worst in Europe

photo by evillynn (source: Flickr Creative Commons)

Ethical investment consultant firm Eiris has judged 300 of Europe’s top companies in terms of their contribution to global warming and found that more than half are UK-based. Eiris found that the number of British companies determined to have a ‘very high impact on global warming’ was double that of any other country.

Of those companies in the top 300 dedicated to solving or mitigating the problems of climate change, only 3% were located in Britain. Eiris’s findings come at a time when BP, one of the UK’s best-known companies, has attracted bad publicity worldwide over the Gulf of Mexico oil spill.

–Guardian

Despite climate change appearing to be high on the UK political agenda, the survey tells a different story: the prevalence of big oil and mining companies on London’s FTSE 100 index.

Out of the 300 major European companies surveyed, Eiris estimates that 41% have a significant impact on global warming. While large UK firms came out looking worst, those of France and Germany were found to be doing the most to mitigate or combat climate change.

Read the full story in the Guardian: Eiris review names Britain as ‘dirty man of Europe’

Graham Land

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