Why companies matter for the global climate agreement
There are two key ways companies can contribute to global decarbonisation. First, they can set carbon reduction targets and develop carbon reduction strategies aligned to the frameworks available to them. Second, they can further accelerate decarbonisation through their participation in the Voluntary Carbon Market (VCM).
Here are some key takeaways from the report
The Paris agreement led to 80% of the world’s emissions being covered by country-level net zero commitments - now leading to expanding regulations impacting the corporate sector.
Private listed companies account for 40% of global emissions and markets seek ambitious disclosure and decarbonisation plans.
To bridge the gap to 1.5°C warming above pre-industrial levels, companies must both decarbonise their own value chain and contribute to global climate finance.
02 The route to today’s country level targets
03 Expectations for the private sector: from compliance to opportunity
04 Demonstrating corporate leadership