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European firms falling behind in climate transition targets: Report – Times of India

[ad_1] PARIS: Four out of five European companies are not cutting their carbon emissions at the pace or scale necessary to meet the EU’s climate targets, according to a report released Tuesday.The cost of adaptation is one factor holding back businesses, despite 20 percent expecting to lose customers to more climate-friendly competitors, the report by non-profit CDP and management consulting firm Oliver Wyman found. While many firms have adopted…

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