LONDON – Only a third of companies have credible carbon emission reduction plans in place – with apparel among the worst offenders, according to the CDP intitiative.
The non-profit, which runs the world’s environmental disclosure system, said more than 13,100 companies disclosed their plans to mitigate climate change last year.
However, only 4,002 had developed a low-carbon transition plan and just 135 – fewer than one per cent – reported on all 24 of the CDP’s key indicators of a credible plan.
