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 action 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 for 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 Benchmark assessments published in March 2022 cover 166 focus companies.
