Progress growing globally but concerted action is needed
"Even in an accelerated scenario –where the pace of emissions reduction is twice as fast until 2030 and then up to five times as fast until 2050– two fifths of companies will miss their own targets."
Companies stepping up in difficult circumstances
of companies said they plan to increase investments in sustainability initiatives by the end of 2022. This proportion has risen by 4 percentage points since last year.
of all Science-Based Target initiative (SBTi) commitments set since 2015, were set in the months after the war in Ukraine began (up to the start of October 2022).
Total worldwide renewable energy investment in the first six months of 2022 - a record for a first half year, and an 11% year-on-year rise.