Lack net zero targets among private firms could lead to CSRD penalties
Just eight of the top 100 private companies have set a net zero target in the past 18 months.
Nearly half (48) of the world’s largest 100 private companies have not set any emissions reduction targets, meaning they could soon face penalties under new regulations such as Europe’s CSRD and CSDDD.
The latest analysis by climate database Net Zero Tracker (NZT) shows that privately-owned companies are lagging behind their public counterparts when it comes to climate action. While 70% of the top 100 public firms have net zero targets, only 40% of their private equivalents do.
