Firms warned about climate change

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Companies that fail to tackle climate change could lower the value of their businesses, a report by the UK's Carbon Trust suggests.

Companies that fail to tackle climate change could lower the value of their businesses, a report by the UK's Carbon Trust suggests.

The report said firms, together are worth £3.8 trillion ($7 trillion) globally, could boost market value by taking steps to tackle emissions.

The research covered six sectors of the economy including car manufacturing, brewing and consumer electronics.

Automotive firms stood to gain the most by adopting greener strategies.

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