When a company misses an earnings target, it usually faces some backlash: a drop in stock prices, negative headlines, and sometimes even CEO turnover. But when it misses a self-imposed climate goal, most often the response is…crickets.
Do those targets involve carbon credits and other greenwashing measures that allow them to evade climate goals and are essentially state-sanctioned fraud?
Wait, over 60% met them or faced consequences?
Edit: “Almost 61% achieved their targets” holy fuck. Corporations did something good they said they would, over half the time.
Do those targets involve carbon credits and other greenwashing measures that allow them to evade climate goals and are essentially state-sanctioned fraud?
I don’t need to check, because I know they do.