Only four FTSE 100 companies have 'credible' climate plans

CDP research

Only four FTSE 100 companies have credible climate transition plans in place, as the UK’s largest companies fail to act to limit greenhouse gas emissions, according to environmental non profit CDP.

Climate transition plans are used to demonstrate to capital markets and a company's stakeholders that an organisation has acted to ensure its business model will work in a net-zero economy.  Transition plans should include an action plan with deadlines that outlines how an organisation will pivot its existing assets, operations, and business model to align with the latest and most ambitious climate science recommendations. European regulator sounds alarm over 'clear increase' in potential greenwashing cases CDP's research also found only 31 companies have aligned their targets to t...