Carbon Action Helps Companies Cut Emissions by 640M Tons in 2015

Companies around the world increasingly recognize that a reduction in GHG emissions is not only good for global climate but also for their bottom line. Carbon reduction by companies comes from the adoption of low-carbon energy infrastructure, improved transportation use, and increase in energy efficiency.

Carbon Action, an investor action group, has lobbied more than 1,300 companies this year to reduce GHG emissions. Its efforts have resulted in targeted companies cutting down emission by 640 million tons in 2015. According to the CDP (formerly Carbon Disclosure Project), Carbon Action has also helped drive a 130 percent growth in the number of carbon reduction projects.

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Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.