Publication / 22 Apr 2016

Paris climate change agreement

Driving the need for science-based targets

Companies need to set science-based targets that reflect the Paris climate change agreement and country carbon reduction plans.

On 22 April 2016, world leaders met to sign the Paris climate change agreement – a legally binding agreement to limit global warming to well below two degrees Celsius with the ambition of achieving 1.5°C limit. The agreement requires net zero emissions of man-made greenhouse gases from 2050.

Companies need to set science-based targets that reflect the agreement and carbon reduction plans for countries in which they operate and from where they source supplies. This may involve reviewing existing carbon targets to see if they are still fit for purpose. Trucost can help companies in all sectors and regions to develop science-based targets and achieve a range of benefits.

Events Webinar: Climate Risk: What are the implications of TCFD for Companies? 6 June 2019

Join us for a complimentary webinar as we discuss why and how companies are being asked to disclose on the financial implications of climate-related risks and opportunities.

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