In its latest ‘Net-Zero Tracker’, investment data provider MSCI said that 35 per cent of listed companies have disclosed at least some of their Scope 3 emissions - up 4 percentage points from seven months earlier.
Scope 3 emissions are those not directly created by the company, but for which they are still indirectly responsible. An example of this is when consumers buy, use and dispose of products from suppliers.
The tracker also showed that 44 per cent of listed companies have set a decarbonisation target, up 8 percentage points from seven months earlier.
Only 17 per cent of listed companies have published a climate target that, if achieved, would align carbon emissions across the company’s total value chain with the ambitious 1.5°C goal of the Paris Agreement. However, this is still an improvement on earlier figures and is up 10 percentage points over the same period.
Companies in emissions-intensive utilities; real estate; capital goods, and automotive...