Quantitative evaluation of large corporate climate action initiatives shows mixed progress in their first half-decade.

ABSTRACT: Corporate climate initiatives such as the Science-Based Targets initiative and RE100 have gained significant prominence in recent years, with considerable increases in membership and several ex-ante studies stating how they could bring substantive emissions reductions beyond national goals. However, studies evaluating their progress are scarce, raising questions on how members achieve targets and whether their contributions are genuinely additional. Here we assess these initiatives by disaggregating membership by sector and geographic region and then thoroughly evaluating their progress between 2015-2019 using public environmental data disclosed by 102 of their largest members by revenue. Our results show that the collective Scope 1 and 2 emissions of these companies have fallen by 35.6%,

SUBMITTER: Ruiz Manuel I 

PROVIDER: S-EPMC10264448 | biostudies-literature | 2023 Jun

REPOSITORIES: biostudies-literature