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Corporate climate responsibility monitor 2024

By: Contributor(s): Material type: TextTextPublication details: Cologne NewClimate Institute 2024Description: 163pSubject(s): Online resources: Summary: The 2024 Corporate Climate Responsibility Monitor (CCRM) analyses the climate strategies of 51 major global companies, critically assessing the extent to which they demonstrate corporate climate leadership. The collective ambition of companies’ 2030 and net-zero climate targets has gradually improved over the last two years. However, most companies continue to fall short of the economy-wide emission reductions required to limit global warming to below 1.5°C. The 2030 climate targets of 51 major companies translate to a median absolute emission reduction commitment of just 30% of the full value chain emissions between 2019 and 2030.
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The 2024 Corporate Climate Responsibility Monitor (CCRM) analyses the climate strategies of 51 major global companies, critically assessing the extent to which they demonstrate corporate climate leadership. The collective ambition of companies’ 2030 and net-zero climate targets has gradually improved over the last two years. However, most companies continue to fall short of the economy-wide emission reductions required to limit global warming to below 1.5°C. The 2030 climate targets of 51 major companies translate to a median absolute emission reduction commitment of just 30% of the full value chain emissions between 2019 and 2030.

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