Tag Archives: Lloyds of London

Lloyds of London Weighs in On Unsustainability

Lloyds of London, the global insurance giant, issued something of a warning to businesses on its Web site just last Friday. “Pressure is building on businesses to address the environmental impact of their operations,” the firm wrote. “Moves by intergovernmental bodies and investors suggest that they could soon be made more financially accountable for the pollution they cause… some experts are even predicting that many of the world’s biggest companies could see their profits cut by one third as a result of more stringent regulation, the abolition of subsidies and increased taxes.”

Excerpt from the New York Times article: Can Business Do the Job All by Itself?

Published: March 28, 2010