The gap between climate rhetoric and action was made explicit in a 2022 Ceres study. In an analysis of listed companies in the S&P 100 index, nine out of every ten companies acknowledged climate change as a material risk to their industry.
So what?
However, the study indicated that only half of the 100 companies disclosed that they lobbied for climate policies aligned with the objectives of the Paris Agreement in the past three years. Fewer than one in two hundred companies who submitted climate change-related data to a leading environmental disclosure platform have credible climate transition plans
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