Are Companies Moving Fast Enough in Reporting Greenhouse Gases? A new analysis of data from the Temperature™ Score
By Dr Rebecca Thomas
Over recent months, an increasing number of companies have been making commitments to reach net-zero emissions by 2050, or before. However, these commitments tend to result in more questions than answers. The scientific consensus is clear; the key to achieving the goals of the Paris Agreement, to limit global temperature rise to well below 2ºC and pursue efforts to limit the increase to 1.5ºC, lies in reducing cumulative greenhouse gas emissions. So, while these commitments are welcome and very much needed, the questions we have been asking ourselves at Arabesque S-Ray are “How much are companies currently emitting?” and “What does that mean for global temperature rise?”.
In this two part paper using data from the Arabesque S-Ray Temperature™ Score between 2014-2019, Dr Rebecca Thomas considers these questions in turn then examines what we can learn from recent trends in corporate disclosures.