The launch of the Cut the Carbon campaign
Time to cut the carbon
Barclays Bank, Morrisons supermarket and International Power are in the front line of our new climate change campaign launched outside Barclays Tower in London's Canary Wharf.
Climate change is the most pressing issue for millions of the world’s poorest people. We're calling on you to take part in our cut the carbon campaign by sending postcards or emailing three leading companies and demanding they publish the true extent of their carbon emissions and then commit to a 5% annual reduction.
The campaign comes off the back of an extensive new report Christian Aid published on 19 February which reveals that almost 200 million tonnes of greenhouse gas emissions are not being reported by top companies on the London Stock Exchange. Watch video here
The campaign comes off the back of an extensive new report Christian Aid published on 19 February which reveals that almost 200 million tonnes of greenhouse gas emissions are not being reported by top companies on the London Stock Exchange. Watch video here
‘Barclays and Morrisons have been selected as examples of inaccurate reporting in leading areas of business.'
'Barclays Bank have been asked to make public the emissions that result from their lending and investment activities. The campaign also highlights the fact that Morrisons exclude the emissions from their transport fleet and supply chain,’ said Paul Brannen, Christian Aid’s head of campaigns.
‘Our research reveals that a huge amount of carbon dioxide is emitted around the world by the top 100 companies on the London Stock Exchange, but is not being reported. We don’t know the full extent of the emissions of many of the biggest companies. Barclays and Morrisons are good examples of this, which is why we’re targeting them.’
We're also targeting International Power, a leading independent power producer whose carbon emissions are far greater than similar companies within the energy sector.
Paul Brannen added that if carbon emissions are ever to be cut back by an average of five per cent per year across the world, as many scientists now believe is necessary to achieve climate equilibrium, the true scale of carbon emissions has to be known first.
‘Our research reveals that a huge amount of carbon dioxide is emitted around the world by the top 100 companies on the London Stock Exchange, but is not being reported. We don’t know the full extent of the emissions of many of the biggest companies. Barclays and Morrisons are good examples of this, which is why we’re targeting them.’
We're also targeting International Power, a leading independent power producer whose carbon emissions are far greater than similar companies within the energy sector.
Paul Brannen added that if carbon emissions are ever to be cut back by an average of five per cent per year across the world, as many scientists now believe is necessary to achieve climate equilibrium, the true scale of carbon emissions has to be known first.
‘The developing world is on the front line of a climate change that has been caused by the rich world,’ said Paul Brannen.
‘It is our moral duty to halt the CO2 emissions that place millions of the most vulnerable people in peril from sea level rise, floods, famines and conflict that are being ushered in by the world becoming warmer.’
The climate change campaign will run throughout the year. As part of the campaign, we'll also be calling on the Chancellor of the Exchequer to implement mandatory reporting standards across UK business.
The climate change campaign will run throughout the year. As part of the campaign, we'll also be calling on the Chancellor of the Exchequer to implement mandatory reporting standards across UK business.
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