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Global: IT companies to declare impact on environment
May 17, 2007, Tectonic
Over 40 companies in South Africa including some leading technology majors are set to declare the impact of their operations on the environment. The effort is being spearheaded by a group of London based institutional investors with management stake in these companies who aim to assess how the operations of these companies affect the environment, in particular global warming. This initiative is amongst several such similar ones where investors and customers constantly engage with companies to make their practices more accountable towards stakeholders , be it local communities or the environment. Instances of successful engagement include 'Green My Apple' campaign which forced Apple to come out with environment friendly products.