City firms create smallest carbon footprint

Sectors such as banking, finance and insurance have the smallest carbon footprint per pound of wealth generated in the UK, according to an analysis of Government statistics published today by the base business forum.

The research, which analyses the individual environmental footprint of workers in different industrial sectors, as well as how much revenue each sector generates per tonne of Greenhouse Gas (GHG) emissions, shows that workers in financial services firms are leading the way in minimising their impacts on the environment. Each financial services worker can be held accountable for just 1.2 tonnes of GHG per year (with the sector creating over £40000 of wealth per tonne emitted), as opposed to those