World leaders urged to introduce carbon regulatory framework

Improving business sustainability will require world governments to agree on a global regulatory framework for carbon reduction, it has been claimed.

In an article on the Reuters blog, the chief executive of business management firm SAP, Leo Apotheker, suggested that businesses are being forced to take the lead on business carbon reduction, in the absence of government action.

He wrote that the need for better carbon footprint management will only become “more critical over time”.

Mr Apotheker added that “business leaders know they cannot wait for this framework before acting”.

He pointed to a number of larger companies that are already taking matters into their own hands, following a lack of decisive action at the UN Climate Change Conference in Copenhagen in December.

It comes days after the former president of the conference Connie Hedegaard hinted that the commercial transport industry could be forced to make carbon reductions in the future.

Ms Hedegaard is a nominee in the EU climate commissioner race.ADNFCR-2805-ID-19573374-ADNFCR

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