Climate Change: ‘Major companies largely fail net zero climate pledge test’ – Report
Companies’ headline climate pledges require detailed evaluation and in the majority of cases cannot be taken at face value, the report finds. Only one company’s net zero pledge was evaluated as having “reasonable integrity”; three with “moderate”, ten with “low” and the remaining 12 were rated as having “very low” integrity.
While none of the pledges have a high degree of integrity overall, Maersk came out on top, with reasonable integrity, followed by Apple, Sony andHowever, the majority of the companies with net zero or carbon neutrality pledges fail to put forward ambitious targets. The exclusion of emission sources or market segments is a common issue that reduces the meaning of targets.
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