Corporate climate responsibility monitor 2023
The Corporate Climate Responsibility Monitor assesses the transparency and integrity of 24 major companies’ climate pledges and strategies. It evaluates four main areas of corporate climate action: tracking and disclosure of emissions, setting emission reduction targets, reducing own emissions, and taking responsibility for unabated emissions through climate contributions or offsetting. The 24 companies assessed in this report are major multinational companies. Their total self-reported GHG emission footprint in 2019, including upstream and downstream emissions (scope 3) amount to approximately 2.2 GtCO2e. This is equivalent to roughly 4% of global GHG emissions in 2019. Ten of the 24 companies were also assessed in the 2022 Corporate Climate Responsibility Monitor. The repeat analysis of this small sub-set of companies offers insights into what progress has been made over the past year.