55% of organisations hold a formal net zero target. 3% have built everything needed to deliver it.
We surveyed 500 sustainability decision makers across the US and UK to find out the actions they are taking to tackle climate change.
Every stage of commitment cuts the field nearly in half. The steepest drop isn’t at the point of announcement, it’s at the point of funding.
Integrators and Declarers announce at almost the same rate. Everything behind the announcement is different.
Half have assessed their exposure to physical climate events. Two thirds of those don’t actually have a plan.
Budgeting against a rulebook nobody can predict.
Grid queues and the cost of capital stand between target and delivery.
Our transition plan is board approved but it is not funded. That is the honest answer.
It has become politically sensitive with parts of our customer base, so we have deliberately lowered the volume.
We segmented businesses using a range of questions within the survey that are shown in the report.