Corporate Greenhouse Gas Reduction Targets

A growing number of companies are adopting voluntary performance objectives related to climate change, according to this report from the Pew Center on Global Climate Change. And, says Pew, most have done so for a variety of business motivations. Among them:

• To prepare for future regulation by investing in GHG emissions reductions now
• To contribute to the design of climate change policies and programs nationally and internationally
• To enhance corporate reputation through environmental leadership

The study notes that “voluntary GHG targets can present risks to shareholders,” and the risks vary from company to company.