Mongabay: Profits of the world's 3,000 largest companies would be cut by $2.2 trillion per year if they were forced to pay for environmental damage caused by their operations, according to an upcoming U.N. report detailed by The Guardian. The study, conducted by Trucost, a consultancy, and scheduled to be released this summer, estimates that pollution and degradation of natural resources by the world's 3,000 largest companies amount to six to seven percent of total revenue, or roughly one-third ......
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Profit of biggest companies would be cut by a third if forced to pay for environmental damage from operations
Posted by Washington Post: Juliet Eilperin on February 19th, 2010You can leave a response, or trackback from your own site.