Accelerating Global Companies Toward Net Zero By 2050
Accenture's new research shows progress and key steps necessary to speed up efforts.
Accenture finds that one-third of the world's largest 2,000 companies by revenue have net-zero emissions targets, a 7% boost since late 2021. But it warns very few are on pace to reach those long-term goals, which typically have a midcentury deadline and often interim benchmarks. "Unless they accelerate progress, 93% of companies with net zero commitments will miss their targets."
The 93% of companies with long-term net zero targets would need to double the pace of emissions cuts by 2030 to get on track — and then speed up further. But they don't dismiss the overall efforts as greenwashing. Companies with targets have been cutting emissions more than ones without them.