Bosses at 100 of the world's largest companies have today issued an unequivocal call for political leaders to deliver a "rapid and fundamental" strategy designed to cut global greenhouse gas emissions by "at least" 50 per cent by 2050.
The statement was organized by the World Economic Forum (WEF) and was endorsed by some of the world's most powerful businesses, representing over a tenth of global stock markets.
The signatories feature firms from every major carbon intensive industry, including energy, utilities, aviation, automotive, mining and metals, logistics, IT and financial services, and incorporate a number of emerging multinationals from developing economies as well as long-established Blue Chip firms, such as BA, Deutsche Bank, Nike, BP, Shell, E.ON, EDF, Airbus, Citigroup, PwC and Renault.
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