World’s top firms cause $2.2tn of environmental damage, report estimatesFebruary 20, 2010
A new report finds that the environmental damage caused by the world’s biggest companies would cost $2.2 trillion if they were held financially accountable. The majority of these costs are attributed to greenhouse gas emissions and pollution; social and consumptive impacts were not included. Externalities of this scale could threaten global markets if not addressed. Read the full story in The Guardian.