CLIMATE ACTION 100+ NET ZERO COMPANY BENCHMARK SHOWS CONTINUED PROGRESS ON AMBITION CONTRASTED BY A LACK OF DETAILED PLANS OF ACTION
The results show that most focus companies are not moving fast enough to decarbonize and reduce investors' risk.
- The results show that most focus companies are not moving fast enough to decarbonize and reduce investors' risk.
- In 2023, the Disclosure Framework shows that companies have continued to perform well with respect to long-term GHG reduction targets, medium-term GHG reduction targets and TCFD-aligned disclosure.
- The Disclosure Framework assessments show:
More companies are disclosing details on their net zero transition plans, but quantification of individual decarbonisation levers is lacking. - The CapEx plans of oil and gas companies across the board are not aligned with the Paris Agreement goals.