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Such demands for information are coming from internal and external stakeholders alike. Up to this point, companies have largely been given the flexibility to pick and choose which topics to address, what boundary to apply, how to calculate data, and whether to have their information assured by a third-party.
We’ll offer a compelling case to investors who used focused criteria to inform their holdings. And most importantly, we’ll reduce our overall carbon emissions to provide much-needed relief for the over-accumulation of greenhouse gases in the atmosphere. 2030 is not far away.
A detailed analysis by McKinsey notes that the path to achieving net-zero will require a universal transformation of the globaleconomy throughout all energy and land-use systems, with significant capital allocations, costs, and shift in jobs. Dealing with the Scope 3 Challenge.
Communicate : Announce targets and inform your stakeholders. More than 70 countries , including the biggest polluters — have set a net-zero target, covering about 76% of global emissions. in 2019, net-zero pledges covered just 16% of the globaleconomy , and by 2021, nearly 70% had committed to achieving net-zero by 2050.
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