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Only 40 of the world's 100 largest private firms have set net-zero carbon emissions targets to fight climate change, lagging far behind public companies. This is according to a report by the Net Zero…
On Earth Day, Net Zero Tracker (NZT) has released its latest analysis that reveals how far private firms are lagging behind their public counterparts in setting climate targets and, as a result, their readiness for incoming climate regulation.
ABC NewsCorporate America took notice four years ago when Larry Fink, CEO of investment giant BlackRock, declared climate change a top concern. “Climate risk is investment risk,” Fink wrote in an annual letter popular in C-suites.His latest letter, released last month, spans well over 100 paragraphs before the first mention of “climate.” Whereas Fink mentioned “climate” a total of 29 times in the 2020 letter, he wrote it just four times in the missive last month.The shift in Fink’s letters has coincided with an apparent wider chill of momentum behind climate action among many of ...
ABC NewsCorporate America took notice four years ago when Larry Fink, CEO of investment giant BlackRock, declared climate change a top concern. “Climate risk is investment risk,” Fink wrote in an annual letter popular in C-suites.His latest letter, released last month, spans well over 100 paragraphs before the first mention of “climate.” Whereas Fink mentioned “climate” a total of 29 times in the 2020 letter, he wrote it just four times in the missive last month.The shift in Fink’s letters has coincided with an apparent wider chill of momentum behind climate action among many of ...