Consumer goods companies preparing for climate change impact

FOX News 

BERLIN – Companies behind some of the best-known consumer products -- from soaps to sodas -- are beginning to factor climate change into their business equation, according to a report published Monday. The survey of 16 major corporations by non-profit group CDP found that many are working to lower their carbon emissions, prepare for the effects of global warming on their supply chain and respond to growing environmental consciousness among customers. Examples include brewer AB InBev's efforts to develop a variety of barley that needs less water and Unilever adjusting its detergent formulas so they work at the lower "eco" temperature settings on modern washing machines, the London-based group said. "We were surprised how much these companies were aligning themselves with changes in consumer preferences," said Carole Ferguson, the report's lead author. This includes chasing trends such as veganism, a small but growing factor in the market that's driven by people who shun animal products for ethical or health reasons, but also because they have larger carbon footprints.

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