Net zero firms emit 0.5% less CO2, study finds
Select your language
Generated with artificial intelligence.
Listening:
Net zero firms emit 0.5% less CO2, study finds
Companies with an externally validated net-zero target emit less CO2 than those without a climate target. This is the conclusion of a new analysis by the US financial services provider MSCI.
+Get the most important news from Switzerland in your inbox.
According to the study, companies with validated climate targets reduced their direct greenhouse gas emissions (Scope 1) by an average of 0.5% annually between 2018 and 2023. By comparison, companies without a climate target increased their emissions by 4.3 per cent per year.
For companies with a net zero target without external verification, emissions increased by 0.2 per cent per year.
The figures are based on an analysis by MSCI of the climate commitments of listed companies. Over 8,600 companies worldwide were taken into account.
Adapted from German by DeepL/ds
We select the most relevant news for an international audience and use automatic translation tools to translate them into English. A journalist then reviews the translation for clarity and accuracy before publication.
Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.
If you have any questions about how we work, write to us at english@swissinfo.ch
In compliance with the JTI standards
More: SWI swissinfo.ch certified by the Journalism Trust Initiative
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.