EY: Only 5% of FTSE 100 companies offer 'credible' transition plans
Only 5% of FTSE 100 companies have so far disclosed transition plans that would be deemed ‘credible’, according to EY.
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Only 5% of FTSE 100 companies have so far disclosed transition plans that would be deemed ‘credible’, according to EY.
The UK government has updated the Green Finance Strategy to rally private investment for a net-zero, nature-positive nation.
A4S has stated that it welcomes the focus on adoption of global standards, transition plans and nature on the Green Finance Strategy update.
An EY analysis of the climate-related commitments and plans of FTSE 100 businesses has found that 95% would not meet the UK Government’s definition of a ‘credible’ net-zero transition plan.