Fewer than half of the world's leading businesses have climate targets that are robust enough to help meet global goals, according to the latest EY Climate Action Barometer. Two thirds of companies surveyed do have plans to decarbonize but progress is being impacted by rising costs and regulatory uncertainty, challenging companies climate commitments. Read and save the full report below 👇 #ShapeTheFutureWithConfidence #COP30
The gap between intent and action on climate goals is concerning. While regulatory challenges are real, innovation often thrives under constraints. Let's push for clarity and commitment to accelerate meaningful progress. #ClimateAction
Two-thirds having plans sounds promising, but without robust action, global goals remain out of reach EY
Important insights. Ambition is only the first step. Turning climate targets into measurable, accountable action will define which companies truly lead the transition.
It's crucial for businesses to set ambitious climate targets to drive real change. We need more robust commitments to ensure a sustainable future for all! Let's continue to support and hold each other accountable in this vital journey. #ClimateAction #Sustainability
Such a clear and important message in this report. We're certainly seeing progress - but it is uneven - and there's an urgent need for business to translate ambition into credible plans. The real leaders on climate action make climate goals part of strategy and decision-making, and they are the ones who will reap the rewards.
Climate goals need stronger execution — intent is high, but follow-through is lagging.
This highlights a critical gap between intent and actionable progress. While many companies have decarbonization plans, translating them into measurable, verifiable outcomes remains a challenge especially under cost pressures and regulatory uncertainty. AI-driven and expert-curated sustainability solutions, like those offered by Carbon Tesseract, can help bridge this gap by accelerating data collection, analysis, and reporting enabling companies to track progress against robust climate targets more effectively, continuously, and at a fraction of the cost. #ClimateAction #Sustainability #ESG #Decarbonization #CarbonTesseract #ClimateTargets