Corporate irresponsibility: New study calls out little action on big climate goals

Berlin, Germany - A new analysis from a German climate watchdog found that companies are not making good on their own climate pledges. After looking at the goals of 25 of the biggest companies in the world, the study named Google, Amazon, and Apple among the companies that aren't doing enough to drop their greenhouse gas emissions.

The environment doesn't have time for companies to make weak pledges.
The environment doesn't have time for companies to make weak pledges.  © IMAGO / Bihlmayerfotografie

The NewClimate Institute released its Corporate Climate Responsibility 2022 report, which found that companies worldwide aren't meeting their own climate goals.

"We set out to uncover as many replicable good practices as possible, but we were frankly surprised and disappointed at the overall integrity of the companies’ claims," said lead author of the study, Thomas Day.

NewClimate checked the claims of the 25 firms and rated them by how trustworthy each company's climate pledges are, as well as their transparency.

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Maersk, a logistics company ranked number one, with the most integrity in its pledges, followed by Apple, Sony, and Vodafone.

Unfortunately, the study found that only 13 companies had any plans for reducing their emissions by 40% compared to 2019 amounts, and the other 12 companies had nothing to explain how they expect to drop their emissions.

Getting to net-zero emissions is a tricky road, but having no plan to navigate it is a problem, since climate scientists have been pushing for lower emissions for one single reason: stopping the climate crisis and its destructive effects.

Right now, these 25 companies are responsible for a full 5% of global CO2 emissions, so if they get their act together, they could be climate leaders.

Cover photo: IMAGO / Bihlmayerfotografie

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