Getting to Net Zero: A Global Review of Corporate Disclosures

As a global systemic risk, climate change has become a focal point for corporate sustainability disclosure. Getting to Net Zero: A Global Review of Corporate Disclosures analyzes disclosure trends in emissions reduction targets and transition plans of the 40 largest exchange-listed companies in 15 jurisdictions, for a total of 600 companies. The jurisdictions include G7 countries and 8 non-G7 countries for the 2020 reporting year.

Key policy considerations include:

• Consistent terminology: Are changes in current terminology and presentation required to enhance investors' understanding of the nature and scope of company-specific targets and disclosures?
• Scope 3 emissions: Should scope 3 emissions be included in reduction targets and transition plans?
• Standardized transition plan disclosures: How can transition plan disclosures be standardized for companies and industries at the international level?
• Transparency of financial implications of decarbonization: What challenges need to be addressed to encourage companies to enhance the information they provide regarding the cost associated with meeting reduction goals?