Airlines are doing too little in the fight against global warming, a study funde...
OSLO - Airlines are doing too little in the fight against global warming, a study funded by investors with $13 trillion of assets under management said on Tuesday.
It rated Delta, Lufthansa, United Airlines and ANA Holdings as the best performers at managing the business risks and opportunities of climate change. But all could do more. TPI, which seeks to assess the performance of businesses in cutting carbon, groups 40 investors with $13 trillion under management, including BNP Paribas and Legal & General Investment Management. Its research is by the London School of Economics’ Grantham Research Institute.
At the other end of that scale, ANA, Japan Airlines, Korean Air and Singapore Airlines have the highest emissions intensities, it said.
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