Net Zero Company Benchmark

Assessing the world's largest corporate greenhouse gas emitters on their net zero transition

The Climate Action 100+ Net Zero Company Benchmark was launched in March 2021 to assess the performance of focus companies against the initiative’s three high-level goals: emissions reduction, governance, and disclosure.

The Benchmark presents a key measure of corporate progress on climate transition and the move to achieve net zero emissions by 2050 or sooner. It defines key success indicators for business alignment with the goals of the Paris Agreement to limit global temperature rise to 1.5°C. As stated by the Intergovernmental Panel on Climate Change, this is necessary to avoid some of the worst impacts of climate change on the planet as well as  investor portfolios.

The Benchmark draws on analytical methodologies and datasets to provide investors and other stakeholders with a robust tool to facilitate focus company engagement and action.  

Investors can use the Benchmark to monitor progress, inform engagement strategies and decisions, and assess the alignment of company decarbonisation strategies with the goals of the Paris Agreement.    

The latest Benchmark assessments, published in October 2022, cover 159 focus companies.* By accessing the Benchmark, you agree to be bound by the data usage terms and conditions and company review and redress processes.

About the Benchmark

Key Findings

Explore the analysis and key findings from the latest round of company assessments.



Thanks to these organisations for their commitment to our work

  • TPI
  • FTSE
  • Carbon Tracker
  • RMI
  • InfluenceMap

*There are 165 focus companies on the Climate Action 100+ focus list. Investor signatories have paused active engagement with the five Russian focus companies (MMC Norilsk Nickel PSJC, Gazprom PAO, Lukoil OAO, Rosneft Oil Company, and Severstal PAO) until further notice. The same Russian companies will continue to remain on the focus list for the time being but, are not being assessed against the Benchmark in October 2022. In addition, following a merger between Santos and Oil Search in December 2021, future investor engagement will be with Santos. The October 2022 Benchmark therefore assesses only Santos. Lastly, following the separation of Exelon Corporation into Exelon and Constellation in February 2022, the initiative has not assessed Exelon nor Constellation in the October 2022 Benchmark, as the companies have not disclosed enough information to make a Benchmark assessment engagement- or decision-useful for investors.