This article discusses which industries are attempting to deal with climate change. An analysis of more than 600 top U.S. companies finds that those seeing the effects of global warming first-hand are taking the most concrete actions.
The country’s largest companies are increasingly acknowledging the risks they face from climate change and water and resource scarcity, and more are promising to cut greenhouse gas emissions. But relatively few are making time-bound commitments based on science to tackle climate-related challenges, according to a new sector-by-sector analysis.
The Boston-based sustainability advocacy group Ceres released a detailed analysis Tuesday of the performance of more than 600 of the largest publicly traded companies in the U.S. across a spectrum of industries, from agriculture to finance.
It found that 64 percent of the companies have pledged to reduce greenhouse gas emissions, but only 36 percent have set deadlines for action. Only about 9 percent have set science-based targets in line with the Paris climate agreement goal of keeping global warming under 2 degrees Celsius, according to Ceres.