40% of 2020 emissions targets ‘failed or disappeared’
Firms that missed targets saw no significant market or media reaction.
US researchers assessing the level of corporate accountability for climate targets found that 40% of goals with a 2020 deadline either failed or disappeared from companies’ communications – with almost no consequences.
Of the 1,041 firms that published emissions reduction targets ending 2020, 88 (9%) failed to achieve them, and 320 (31%) stopped talking about these goals without sharing their outcome.
