Net Zero Interim Targets
About the data
Carbon neutrality is a state of net-zero carbon dioxide emissions. This can be achieved by balancing emissions of carbon dioxide with its removal (often through carbon offsetting) or by eliminating emissions from society (the transition to the "post-carbon economy").[1] The term is used in the context of carbon dioxide-releasing processes associated with transportation, energy production, agriculture, and industry. Source: Wikipedia.
Methodology
The metric is based on the research and recommendations made in the GUIDANCE AND ASSESSMENT CRITERIA FOR GOOD PRACTICE CORPORATE EMISSION REDUCTION AND NET-ZERO TARGETS by the New Cimate Institute.
Select:
- Yes. If the company discloses its interim targets and reports on the progress against its targets towardsa a net zero carbon dioxide emissions.
- No. If the company not provide information about its interim targets.
For example:
Sony corporation pledged to achieve Zero environmental footprint by 20150. The corporation reports the following interim targets:
• S1&2: -72% by 2035 from 2018
• S3: -45% by 2035 from 2018
Source: Sony Sustainability Report 2021, p. 25.
Keywords: Medium-Term Environmental Targets, Environmental Target,
Note: A company that has a target to be achieved y 2040 or 20250 may report interim target to be achieved by 2025, 2030, 2035.
The information can be found at any of the following reports published on the website of companies:
- Annual report
- Corporate Social Responsibility
- Sustainability Report
- Environmental Report
- Report on Carbon Footprint
- Non-financial information statement (EINF).