The number of firms that have achieved or are aiming for carbon neutrality has almost doubled over the last year but still represents only five per cent of publicly listed companies, according to a survey of the UK's stock exchange. Done by research agency Trucost for investment firm Standard Life, the survey says carbon offsetting is "predominantly a strategy pursued by companies that are not particularly carbon intensive". There is still significant variation in the "nature and veracity" of carbon offsets produced by voluntary emission-cutting initiatives (EED 20/11/07). See press release and Trucost study.
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