More companies talking, but few acting, on environment

Growing numbers of British firms are addressing environmental issues at board level, according to a survey by the Institute of Directors (IoD). But only a small minority have established environmental policies, carried out environmental audits or attempted to capitalise on the business opportunities presented by environmentalism, and few have made significant investments in environmental protection.

The survey was carried out for the IoD by the market research company Taylor Nelson. It was based on telephone interviews with directors from 325 companies which were broadly representative of the British corporate economy.

Among the main findings were:

  • Environmental issues featured on the board agendas of 65% of companies in 1992, compared with 53% in 1991. The figure was highest among mining and construction (89%) and manufact

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