As the world gets ever closer to surpassing the 1.5°C limit on warming that science has predicted to be of critical importance, the urgency of the moment cannot be overstated
This report provides a detailed analysis of a survey conducted by Conservation International and We Mean Business Coalition to gain understanding of what business leaders in North America and Europe think about progress to date towards their emission reduction goals, overarching net zero by 2050 goal, and the key lessons learned as they strive to scale actions. The key finding of this survey is that businesses recognize the urgency to reduce atmospheric emissions. In addition to innovating direct decarbonization efforts, they are seeking ways to counterbalance emissions by investing in the voluntary carbon market.
The survey data indicates that business leaders have a focus on decarbonization. Corporate leaders have also signaled their commitment to urgent climate action that meets targets by 2030 as they seek to engage responsibly with the voluntary carbon market, leading to net zero by 2050.