13 June 2005
Four weeks before the Group of Eight industrialised nations meet in Scotland to discuss climate change, HSBC has joined other international businesses in urging them to take action on greenhouse gas emissions.
Business leaders from companies including British Airways, Deutsche Bank, Ford and Hewlett-Packard, called for governments to control greenhouse gas emissions by imposing limits and implementing ‘cap and trade’ or other such market-based mechanisms.
The latest call for action comes just days after HSBC and members of the Corporate Leaders Group on Climate Change told British Prime Minister Tony Blair they’d work with the UK government to help achieve a 60 per cent reduction in carbon dioxide emissions in the country by 2050.
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