Financial Times FT.com

Energy efficiency: Best step forward to cut carbon footprint

By Rod Newing

Published: June 2 2010 16:26 | Last updated: June 2 2010 16:26

A glance at the skylines of Wall Street and the City of London leaves green campaigners fuming, as lights routinely blaze through the night. With their reputations already dented, this suggests that some of the world’s biggest financial institutions care little for energy efficiency or public opinion.

Nevertheless, the move towards carbon reduction, which started as a compliance issue for most banks, is developing into a strategic business opportunity for some of the more enlightened ones.

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