The Corporate Climate Responsibility Monitor evaluates the transparency and integrity of companies’ climate pledges with the following objectives:
- Identify and highlight good practice approaches that can be replicated by others, recognising that companies are experimenting to work out what constructive and credible practices are.
- Evaluate the transparency and integrity of major companies’ climate leadership claims and provide a structured methodology for others to replicate such an evaluation.
- Transparency refers to the extent to which a company publicly discloses the information necessary to fully understand the integrity of that company’s approaches towards the various elements of corporate climate responsibility. Integrity, in this context, is a measure of the quality, credibility and comprehensiveness of those approaches.
- Highlight opportunities for enhancing the corporate climate accountability system based on emerging good practices and issues that we observe.
The Corporate Climate Responsibility Monitor focuses on four main areas of corporate climate action: tracking and disclosure of emissions (methodology section 1), setting emission reduction targets (methodology section 2), implementing key sectoral transitions (methodology section 3) and taking responsibility for ongoing emissions and scaling up durable removals (methodology section 4). Evaluations of 20 major global companies are set out in Section B of this report. Section A analyses aggregate trends drawing on up to 55 detailed company assessments, which includes the companies assessed in Section B of this report, as well as those covered in the 2022 and 2023 CCRM iterations.
