Most companies' climate targets remain inadequate in the face of the climate emergency. Despite some companies setting climate goals, many are exaggerating their progress, thereby risking global efforts to achieve net-zero emissions by 2026.
The authors highlight the urgent need for companies to adopt more disruptive management practices. Instead of repressing climate activism, supporting it can align business practices with global sustainability goals.
The MSCI index's April report underlines the slow pace of the global transition to net-zero carbon emissions, stating that many companies will exceed their carbon budgets by mid-2026.
Successful practices in responding to climate issues include promoting external and internal activism while fostering competition among businesses to implement disruptive changes for sustainability.
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