Wednesday 31st July 2019, London: A new report, analysing a US$259bn grouping of the world’s 20 largest steel companies, has found that the steel sector is failing to reduce emissions at the rate required to keep global warming below 2°C – putting, on average, 14% of the companies’ potential value at risk.

A large majority of major corporations are failing to be transparent about their impacts on global deforestation and many are taking inadequate steps to tackle it, according to a new report released today by environmental non-profit CDP.

CDP today announces the introduction of two new indices, created by Euronext, that select stocks based entirely on their performance on the three key environmental challenges of climate change, water security, and deforestation.