State of Corporate Climate Commitment Report Underscores Actions Taken to Plan for Climate Change

Fifty percent of professionals surveyed said their companies had already taken action around climate change, and another 46% said their company planned to.

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Fifty percent of professionals surveyed said their companies had already taken action around climate change, and another 46% said their company planned to. This leaves only 4% of companies without a plan for climate action, according to a study released by Carbon Direct and Wakefield Research.

“The results of this survey demonstrate growing awareness among corporate professionals of the central role the private sector must play in achieving climate targets,” says Jonathan Goldberg, CEO of Carbon Direct. “As we strive to move even more companies to set, act, and deliver on climate commitments, we must continue removing cost and knowledge barriers and incentivizing organizations to make climate action a priority.”

Key takeaways:

  • 83% of companies that have taken steps to decarbonize their operations have set a public sustainability goal.
  • 61% of companies that have calculated their footprint have both set a public goal and begun working towards it.
  • 76% of professionals said that responsibility for climate and sustainability initiatives is spread across more than one team.
  • Nearly two out of three (63%) professionals said their organizations are trying to limit their energy consumption or become more energy efficient.
  • 81% of companies identified three or more factors, including competitive necessity, regulation, and voluntary reporting, as motivators for climate action.
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