While the FTSE 100 features numerous high-performers, many lower-scoring companies are still failing to address climate change risk.
Companies are doing better on combatting the climate crisis and yet there is a “performance gap” to confront, especially in the FTSE 100.
This conclusion comes from EcoAct, an environmental consultancy, in its tenth annual examination of some of the world’s largest companies and their approach to sustainability.
There is much to note. Looking at the FTSE 100, the CAC 40, the IBEX 35 and the Dow30, EcoAct finds the number of companies committed to “net zero” emissions, or something equally ambitious, has risen significantly from 20% last year to 45% in June this year when annual reports were examined.
Attitudes to management
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