Climate Leaders Boost Bottom Line from Decarbonization, Averaging Over $200 Million in Annual Net Benefits
BCG and CO2 AI’s Fourth Edition of the Carbon Emissions Survey Found that Most Respondent Companies Have Made Little Progress on Climate Issues Over the Past YearJust 9% of the Nearly 2,000 Companies Surveyed Said They Comprehensively Report Scopes 1,2, and 3 EmissionsCompanies That Use AI to Help Reduce Emissions Are 4.5 Times More Likely to Experience Significant Decarbonization BenefitsBrazil, India, and China Are Leading in Comprehensive Emissions Reporting, Target Setting, and Reducing Emissions in Line with AmbitionsBOSTON—Despite the escalating climate crisis and 2023 marking the hottest year on record, corporate progress on decarbonization has slowed. A new study by Boston Consulting Group (BCG) and CO2 AI released today reveals that companies have made minimal progress on climate issues over the past year.