The overwhelming majority of companies of the world’s largest economies give empty promises to save the planet and not able to commit themselves to whose execution can be assessed using specific indicators. With such accusations, the authors of the SCIENCE BASED TARGETS (SBTI) report were made, the conclusions from which brings Bloomberg.
Only a fifth part of 4,200 companies based in the “Big Twenty countries” provide scientifically-based reporting. The rest of the enterprises declare that stability appreciate, but do not take significant steps in the fight against climate change. “The establishment of self-determined targets to reduce emissions will not help. The goals of the company should be based on science,” said the executive director of SBTI Hyidi Huusko.
The report came out on the eve of negotiations in the Scottish Glasgow. The UN Conference on Climate Change (COP26) will be held in November and is considered the most important in combating global warming. “We are faced with a very real possibility that the temperature will soon rise above the limit of 1.5 degrees Celsius, which, as science installed, will lead to a climate catastrophe,” said Heidi Huusko.
SBTI study also showed that in the “big seven” countries more companies with conscious climatic purposes. In the UK and France, the share of such enterprises is 41 percent and 33 percent, respectively. The United States, Japan and Italy are significantly lagging behind the average “big seven” – in these countries, 19 percent of companies responsibly relate to climate change. In Canada, such enterprises are even less – only 17 percent.
Earlier in September, the Chatham House Analytical Center presented a report to which at the current emission reduction rate a chance to avoid a climate catastrophe equal to one percentage. Researchers recognized ineffective state plans to achieve the goals of the Paris Agreement of 2015.