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July 15, 2019

Report: Many companies dragging feet on climate

Associated Press

BERLIN — Many companies in high-emission industries aren't doing enough to respond to climate change, according to a report produced for some of the world's biggest institutional investors that was published last week.

The London-based Transition Pathway Initiative examined 274 publicly listed companies in sectors such as automobiles, mining and steelmaking. It concluded that almost half don't adequately consider the risks of climate change when making business decisions. A quarter of the companies examined don't report their greenhouse gas emissions at all.

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