Awareness of Globalwarming Villians

Ceres, a group of shareholder activists with an interest in globalwarming and the environment today released a list of the most nefarious environmental villians among US companies.

These companies are responsible for soil and water pollution, as well as air pollution that may be leading to global climate change and globalwarming. The ten companies named in today’s report are specifically targeted for their activities impacting the climate and globalwarming in 2007.

Companies included in the list include big oil and energy companies, such as Exxon and ConocoPhillips, but the list also includes low-cost manufacturers of household goods like Bed, Bath & Beyond, who may be valuing low production costs over sustainable production that does not result in pollution in third-world and developing nations. Many developing nations are used as low-cost producers of consumer goods, in part because these countries have low industry standards and low wages. Banking giant Wells Fargo is also on the Ceres list,

Some investors are looking at the environmental practices of companies with an eye to not investing in them, or voting as shareholders for sustainable energy and production standards. Other investors, however, are focused solely on the bottom line of profitability, with no eye to long-term globalwarming impacts. Ceres believes that CEOs need to take a long view and plan their business relative to environmental issues and globalwarming awareness.

For more information: Ceres Names 10 Climate Watch Companies

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