The Guardian: Businesses call for urgent action on climate change
Mark Tran
Friday May 27, 2005
The right government policy on climate change could minimise costs to business and need not harm competitiveness, 13 of Britain’s most powerful companies said today.
In a letter addressed to the prime minister, Tony Blair, HSBC, Shell, BP and others said there was a need to take urgent action now to avoid the worst impacts of climate change.
They pledged to engage other businesses, the UK public, governments and international businesses to back the effort.
The companies – which between them employ tens of thousands of people and have a turnover of £452bn – said the private sector and government were caught in a Catch 22 situation that they wanted to help resolve.