Walmart and IKEA among the 243 most ambitious companies on reducing emissions
There is justified wariness when corporations make bold emissions reduction commitments: targets are easy to announce, pledges are a dime-a-dozen, and effective action is difficult to assess. The Science Based Targets Initiative (SBTi) is trying to sort the talk from the action.
The organization gives companies a process to make meaningful, and measurable, emissions reduction targets rooted in climate science. It’s a collaboration between CDP, the UN Global Compact, World Resources Institute, and the World Wide Fund for Nature.
As of Jan. 20, there are 2,392 corporations across a range of industries that have made science-backed emissions reductions commitments with SBTi. Of those, 1,124 have targets that have been fully vetted and approved by the organization. The other 1,268 are waiting for validation.
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