More and more companies and countries are talking the talk when it comes to climate action, but words will not prevent further damage to the climate - they must walk the walk. The world is facing the very real possibility that global temperatures will soon rise over the 1.5°C limit that science has determined will cause climate catastrophe.
This factsheet analyses the scientific basis of climate targets by G20 companies. It shows that more than 4,200 G20 companies have set climate targets, but just 20% are science-based. It is promising that there is a strong global appetite for decarbonization, but setting self-defined emissions reductions targets is not enough - company targets must be rooted in science.