There is almost universal agreement globally that society should respond to climate change with the same urgency as it has responded to the COVID-19 pandemic.
There is a close correlation between the companies managing their supply chains and setting science-based targets. In order to meet net-zero targets, companies must include their supply chains in their environmental strategies.
While some food companies such as Unilever, General Mills, Nestlé, and Danone make a lot of noise in the industry about their sustainability efforts, others quietly are operating as usual.
The report also notes that number of companies making commitments is lagging behind in some regions, with North America languishing at 16 percent and Asia at 12 percent.
How to overcome common challenges with reaching beyond scopes 1 and 2 greenhouse gas emissions - to address scope 3 - and set meaningful science-based targets for climate.
A new paper from the Science-Based Targets initiative assesses a variety of existing net zero target setting practices and proposes conditions that effective targets must meet.