Saturday, December 27, 2008

Tech firms stand out for climate efforts - study


International Business Machines Corp, Dell Inc and Intel Corp stand out among technology and consumer-products companies for their policies directed at averting climate change, according to a study released on Thursday.

Ceres, an investor coalition focused on environmental concerns, commissioned the study evaluating how effective 63 companies in the tech, consumer products, leisure and drug sectors have been in institutionalizing policies intended to reduce their energy consumption and greenhouse gas emissions.

IBM, Dell and Intel ranked first, third and fourth among the companies studied, while British retailer Tesco PLC came in second. At the bottom of the list were U.S. apparel retailer Abercrombie & Fitch Co, Canadian coffee-and-doughnuts chain Tim Hortons Inc and Burger King Holdings Inc, the world's No. 2 hamburger chain.

See full Article.