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Aligning corporate greenhouse-gas emissions targets with climate goals

Author

Listed:
  • Oskar Krabbe

    (Ecofys
    Utrecht University)

  • Giel Linthorst

    (Ecofys)

  • Kornelis Blok

    (Ecofys
    Delft University of Technology)

  • Wina Crijns-Graus

    (Utrecht University)

  • Detlef P. van Vuuren

    (Utrecht University
    PBL Netherlands Environmental Assessment Agency)

  • Niklas Höhne

    (Ecofys
    Wageningen University, Environmental Systems Analysis Group
    Present addresses: NewClimate Institute, Am Hof 20, 50676 Cologne, Germany.)

  • Pedro Faria

    (CDP)

  • Nate Aden

    (WRI
    University of California, Energy & Resources Group)

  • Alberto Carrillo Pineda

    (WWF International)

Abstract

Corporations need to reduce their greenhouse-gas emissions to help avoid dangerous climate change. A new method for setting emissions targets, which can also be used to assess corporate climate performance and increase accountability, is proposed.

Suggested Citation

  • Oskar Krabbe & Giel Linthorst & Kornelis Blok & Wina Crijns-Graus & Detlef P. van Vuuren & Niklas Höhne & Pedro Faria & Nate Aden & Alberto Carrillo Pineda, 2015. "Aligning corporate greenhouse-gas emissions targets with climate goals," Nature Climate Change, Nature, vol. 5(12), pages 1057-1060, December.
    • Handle: RePEc:nat:natcli:v:5:y:2015:i:12:d:10.1038_nclimate2770
    DOI: 10.1038/nclimate2770
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    Citations

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    Cited by:

    1. Peter Newell, 2020. "The business of rapid transition," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(6), November.
    2. Ivan Ruiz Manuel & Kornelis Blok, 2023. "Quantitative evaluation of large corporate climate action initiatives shows mixed progress in their first half-decade," Nature Communications, Nature, vol. 14(1), pages 1-15, December.
    3. Jannik Giesekam & Jonathan Norman & Alice Garvey & Sam Betts-Davies, 2021. "Science-Based Targets: On Target?," Sustainability, MDPI, vol. 13(4), pages 1-20, February.
    4. Rossana Mastrandrea & Rob ter Burg & Yuli Shan & Klaus Hubacek & Franco Ruzzenenti, 2022. "Scaling laws in global corporations as a benchmarking approach to assess environmental performance," Papers 2206.03148, arXiv.org, revised Jul 2023.
    5. Donnelly, David & Fricaudet, Marie & Ameli, Nadia, 2023. "“Accelerating institutional funding of low-carbon investment: The potential for an investment emissions intensity tax”," Ecological Economics, Elsevier, vol. 207(C).
    6. Derek Glasgow & Shuang Zhao & Saatvika Rai, 2021. "Rethinking Climate Change Leadership: An Analysis of the Ambitiousness of State GHG Targets," Review of Policy Research, Policy Studies Organization, vol. 38(4), pages 398-426, July.
    7. Anjila Wegge Hjalsted & Alexis Laurent & Martin Marchman Andersen & Karen Holm Olsen & Morten Ryberg & Michael Hauschild, 2021. "Sharing the safe operating space: Exploring ethical allocation principles to operationalize the planetary boundaries and assess absolute sustainability at individual and industrial sector levels," Journal of Industrial Ecology, Yale University, vol. 25(1), pages 6-19, February.
    8. Wang, Derek D. & Sueyoshi, Toshiyuki, 2018. "Climate change mitigation targets set by global firms: Overview and implications for renewable energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 386-398.
    9. Simone Cenci & Matteo Burato & Marek Rei & Maurizio Zollo, 2023. "The alignment of companies' sustainability behavior and emissions with global climate targets," Nature Communications, Nature, vol. 14(1), pages 1-14, December.
    10. Humphrey, Jacquelyn E. & Li, Yong, 2021. "Who goes green: Reducing mutual fund emissions and its consequences," Journal of Banking & Finance, Elsevier, vol. 126(C).
    11. Jayme Walenta, 2020. "Climate risk assessments and science‐based targets: A review of emerging private sector climate action tools," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(2), March.
    12. Mia Heide & Michael Z. Hauschild & Morten Ryberg, 2023. "Reflecting the importance of human needs fulfilment in absolute sustainability assessments: Development of a sharing principle," Journal of Industrial Ecology, Yale University, vol. 27(4), pages 1151-1164, August.
    13. Harmke Immink & Robbie Louw & Amy Garlick & Samuel Vosper & Alan Brent, 2022. "Country specific low carbon commitments versus equitable and practical company specific decarbonisation targets," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(8), pages 10005-10025, August.
    14. Marvin Bachmann & Christian Zibunas & Jan Hartmann & Victor Tulus & Sangwon Suh & Gonzalo Guillén-Gosálbez & André Bardow, 2023. "Towards circular plastics within planetary boundaries," Nature Sustainability, Nature, vol. 6(5), pages 599-610, May.
    15. Julia Anna Bingler & Chiara Colesanti Senni, 2020. "Taming the Green Swan: How to improve climate-related financial risk assessments," CER-ETH Economics working paper series 20/340, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    16. Dietz, Simon & Gardiner, Dan & Jahn, Valentin & Noels, Jolien, 2021. "How ambitious are oil and gas companies’ climate goals?," LSE Research Online Documents on Economics 112536, London School of Economics and Political Science, LSE Library.
    17. Derek Wang, 2017. "A Comparative Study of Firm-Level Climate Change Mitigation Targets in the European Union and the United States," Sustainability, MDPI, vol. 9(4), pages 1-19, March.
    18. Rissman, Jeffrey & Bataille, Chris & Masanet, Eric & Aden, Nate & Morrow, William R. & Zhou, Nan & Elliott, Neal & Dell, Rebecca & Heeren, Niko & Huckestein, Brigitta & Cresko, Joe & Miller, Sabbie A., 2020. "Technologies and policies to decarbonize global industry: Review and assessment of mitigation drivers through 2070," Applied Energy, Elsevier, vol. 266(C).
    19. Florian Egli & Rui Zhang & Victor Hopo & Tobias Schmidt & Bjarne Steffen, 2023. "The contribution of corporate initiatives to global renewable electricity deployment," Nature Communications, Nature, vol. 14(1), pages 1-12, December.

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