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.
Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.
