Reality Check: our new research reveals growth of carbon neutrality actions and commitments among the Fortune Global 500

21st September 2021

A 50% increase in the number of companies that have either achieved carbon neutrality or are targeting it by 2030 was revealed by the third annual study into the climate actions and commitments of of Fortune Global 500 companies.

The research looked at the following four publicly-available climate actions of the Fortune Global 500 companies: carbon neutrality, net zero, RE100 and Science-Based Targets.

Carbon neutrality (59%) leads the milestones achieved to date, with 8% of Fortune Global 500 (38 companies) carbon neutral today, a further 9% (44) that have a target
to be carbon neutral by 2030, and a further 13% (65) with a target to be carbon neutral by 2050.

The number of companies with a net zero target has trebled in a year: up to 25% of companies from 8% of companies a year ago. One third of companies with a net zero target have a more immediate carbon neutral target/achievement.

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