The companies leading on climate aren’t waiting for 2050 (opens original article in a new tab)
Many Fortune Global 500 companies are advancing climate strategies beyond 2050 targets, incorporating carbon credits and long-term planning to meet growing demands.
- 72% of Fortune Global 500 companies have climate commitments, up from 24% in 2019
- 63% of climate targets are due by 2030, compared to 11% in 2019
- 44% of Fortune Global 500 companies use carbon credits in climate strategies, up 75% since 2022
- Companies with net zero goals are 11 times more likely to use carbon credits than those without them
- Demand for voluntary carbon credits could increase 15-fold by 2030
- Carbon credits are part of long-term climate strategies
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