An introduction to science-based greenhouse gas (GHG) reduction targets

What are they and how can they benefit your company? Since the Paris agreement reached at COP21 in late 2015, business climate action has increased significantly, and despite recent political events in the U.S. and abroad, we expect this trend to continue. Historically, companies have shown their commitment to managing climate change by setting public goals to reduce greenhouse gas (GHG) emissions. While approximately 80% of the 500 largest globally listed companies have already adopted reduction targets, recent climate science indicates that most of these goals are not aggressive enough to truly impact global warming. In the latest assessment report by the Intergovernmental Panel on Climate Change (IPCC), the most prominent body outlining potential impacts associated with climate change and actions required to mitigate these impacts, identified a scenario that it anticipates will mitigate the most severe impacts of climate change by limiting global warming to an increase of two

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