A Sustainable Investment in Journalism

A sustainable business requires diverse revenue streams. ESG Investor now operates a subscription service as of Tuesday 14th May. To find out more please get in touch with our subscription team on subscriptions@esginvestor.net

Private Firms Unprepared on Climate

Half of the world’s 100 largest private firms have yet to set emissions reduction targets, severely lagging their public counterparts, according to new analysis by Net Zero Tracker. “If sunlight is the best disinfectant for climate inaction, most private firms are operating nocturnally – beyond the glare of the civil scrutiny, investor pressure and disclosure requirements faced by listed companies,” said John Land, Project Lead at Net Zero Tracker. In comparison, 82 out of the 100 largest publicly-listed companies included in the report had set net zero or emissions reduction targets. Companies without net zero and interim decarbonisation targets are leaving themselves vulnerable to incoming sustainability-focused legislation – such as the EU’s Corporate Sustainability Reporting Directive and Corporate Sustainability Due Diligence Directive – Net Zero Tracker warned. Twenty-four of the 100 assessed private companies were EU-based. “What goes on in the EU does not stay in the EU,” said Lang. “And what goes on in a regulated public company will not stay in a public company: one company’s indirect emissions are another’s direct emissions.”

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top