TPI Offers Regional Benchmarks for Utility Firms

The Transition Pathway Initiative (TPI), which assesses sector and company preparedness for transition to a low-carbon economy, has published regional benchmarks for utility companies. This means asset owners use TPI’s online tool to check the alignment scores of electricity utilities in the short, medium, long term against a global benchmark or the TPI regional benchmarks for North America, Europe/EU, OECD, and non-OECD. According to an assessment published by TPI last November, 58% of electricity utilities were aligned with keeping global heating to below 2°C in 2050.

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