The road from COP is paved with good ambition
According to the EU policy report on “corporate strategies on climate change mitigation and adaptation” published today by CDP, companies are considering climate change a risk as well as an opportunity in an equal way.
In the eve of the official signature of the “Paris agreement”, concluded at the COP21 UN climate conference last December, a new report reveals that European corporate ambition to meet climate targets is growing fast although corporate efforts are not always channeled in the most effective way. More action and science based emission reduction target setting is needed to be more impactful as in many countries emissions are not decreasing or are even increasing. The report’s results are based on the latest environmental data disclosed by European companies representing 63% of EU market capitalization. ….