Bloomberg, Les Echos and others: Oliver Wyman And CDP Report On Climate Disclosures
Mar 2, 2021
CDP Europe and Oliver Wyman developed new research based on nearly 1,000 European companies worth around 80% of Europe’s market value disclosing data in 2020 to CDP. It found that European companies' current emissions reduction plans is 2.7°C by 2100 - that’s almost double the 2015 Paris Agreement’s target of 1.5°C. To cap warming at 1.5°C, Europe will have to cut emissions by 50% over the next decade.
The report was covered in a number of publications, including:
- Bloomberg: European Corporate Emissions Are Running Too ‘Hot,’ Report Says
- Les Echos: Climate: European companies still lack ambition or here.
- Dagens Industri: Business is far from the goals of the Paris Agreement
- Het Financieele Dagblad: European banks are lagging far behind their own climate targets