As part of our Corporate Climate Action series, released in honor of Climate Week, we examine how well companies are implementing ESG goals relating to Climate Policies, GHG Emissions Reduction and Biodiversity.
Key takeaways include:
- A number of companies disclose having a biodiversity program, yet only 12% have a detailed approach to evaluating projects in critical habitats
- Over one-third of companies have a GHG emissions reduction goal in place, however only 5.8% have reached SBTi approval
- While a majority of companies have a climate policy, less than 20% have conducted degree scenario analysis to estimate the risk impact to their business