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Supplier Leadership Drives Companies to Reduce Emissions

Global corporate climate action accelerated in 2022, with an 87% increase in companies setting science-based targets, according to SBTi. The Supplier LOCT Impact Report reveals that 850 suppliers have taken climate action, with 150 committing to science-based targets. Supplier LOCT is a unique alliance of partners from various sectors, aiming to address climate risk and support suppliers in their climate management journey.

by Mark Eisenberg
Mon, Feb 19, 2024 8:43pm
in Business
• 2 mins read
13.9k
Supplier Leadership Drives Companies to Reduce Emissions | FinOracle
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Corporate Climate Action Accelerates in 2022 with Sharp Increase in Companies Adopting Science-Based Targets

Corporate climate action has gained significant momentum in 2022, with a remarkable 87% increase in companies adopting science-based targets, according to the Supplier LOCT Impact Report by Guidehouse. The report highlights that a total of 850 supplier companies have actively participated in climate action efforts, with 150 of them committing to or already setting science-based targets.

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