[IN] How will understandingclimate risk move youfrom ambition to action?

Por: EY Center for Board Matters

More than half a decade has passed since the initiation of the EY Global Climate Risk Barometer. In that time, much progress has been achieved by the organizations whose disclosures are analyzed for the report. Nevertheless, much more must be done if we are to move toward the action needed to support rapid decarbonization. The past 12 months have certainly been interesting.

By the time we’d finished assessing the results of the last survey, most organizations were caught up in the fervor of needing to do something about climate change and were making some serious commitments. More than 11,000 companies globally have now made “net zero” or similar commitments.

1 Furthermore, over 6,000 of these companies are either aligned to, or committed to, the science-based targets set by the Science Based Targets initiative (SBTi).2 This shows that we’re reaching critical mass in terms of targets, at least.

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