Monday, September 29, 2025
Science
No Result
View All Result
  • Login
  • HOME
  • SCIENCE NEWS
  • CONTACT US
  • HOME
  • SCIENCE NEWS
  • CONTACT US
No Result
View All Result
Scienmag
No Result
View All Result
Home Science News Bussines

Corporate emission targets are incompatible with global climate goals

April 25, 2024
in Bussines
Reading Time: 3 mins read
0
65
SHARES
595
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

In a Policy Forum, Yann Robiou du Pont and colleagues argue that any method to derive company-level emissions targets inherently distorts competition in favor of existing companies and penalizes emerging or growing businesses. According to du Pont et al., despite their growing importance, companies’ emissions targets are not meaningful indicators to assess the ambition of their decarbonization plans and their alignment with the Paris Agreement. To meet international climate goals, it’s well understood that the business sector must decarbonize globally. Many corporations tout that their decarbonization targets and activities are “Paris-aligned.” However, in the absence of clear scientific methods to determine how much each company should reduce its emissions to meet climate change targets, the groups that validate companies’ voluntary emissions reduction targets often use basic formulas that suggest companies adopt emissions reduction targets equal to the decarbonization rate needed globally or within their sector. They assume a company’s current emissions and the continued presence and market dominance of existing companies until their specified target date. By allocating the emissions space exclusively among existing companies, this accountability framework distorts competition and could shield well-established and high-polluting companies from market share losses to emerging or expanding competitors by penalizing innovation and the growth of more efficient companies that could have growing emissions in a decarbonizing market. Here, du Pont et al. discuss how the widespread adoption of voluntary corporate net-zero targets cannot guarantee rapid global decarbonization and should not substitute for needed regulations. The authors outline several recommendations for regulating the market and developing useful indicators for measuring compliance and success. “Governments or intergovernmental organizations should provide the legal and regulatory frameworks for companies to compete economically while contributing to sustainable innovation and emission reductions,” write the authors.

In a Policy Forum, Yann Robiou du Pont and colleagues argue that any method to derive company-level emissions targets inherently distorts competition in favor of existing companies and penalizes emerging or growing businesses. According to du Pont et al., despite their growing importance, companies’ emissions targets are not meaningful indicators to assess the ambition of their decarbonization plans and their alignment with the Paris Agreement. To meet international climate goals, it’s well understood that the business sector must decarbonize globally. Many corporations tout that their decarbonization targets and activities are “Paris-aligned.” However, in the absence of clear scientific methods to determine how much each company should reduce its emissions to meet climate change targets, the groups that validate companies’ voluntary emissions reduction targets often use basic formulas that suggest companies adopt emissions reduction targets equal to the decarbonization rate needed globally or within their sector. They assume a company’s current emissions and the continued presence and market dominance of existing companies until their specified target date. By allocating the emissions space exclusively among existing companies, this accountability framework distorts competition and could shield well-established and high-polluting companies from market share losses to emerging or expanding competitors by penalizing innovation and the growth of more efficient companies that could have growing emissions in a decarbonizing market. Here, du Pont et al. discuss how the widespread adoption of voluntary corporate net-zero targets cannot guarantee rapid global decarbonization and should not substitute for needed regulations. The authors outline several recommendations for regulating the market and developing useful indicators for measuring compliance and success. “Governments or intergovernmental organizations should provide the legal and regulatory frameworks for companies to compete economically while contributing to sustainable innovation and emission reductions,” write the authors.



Journal

Science

DOI

10.1126/science.adl5081

Article Title

Corporate emissions targets and the neglect of future innovators

Article Publication Date

26-Apr-2024

Share26Tweet16
Previous Post

Conservation actions have improved the state of biodiversity worldwide

Next Post

Vitamin D availability enhances antitumor microbes in mice

Related Posts

Bussines

Evaluating Benefit-Risk Reporting in FDA-Cleared AI-Enabled Medical Devices

September 26, 2025
blank
Bussines

Survey Finds 60% of Shoppers Reduce or Avoid Beef Consumption Amid Rising Prices

September 25, 2025
blank
Bussines

Robot or Human? It Depends on the Situation, Large Study Reveals

September 25, 2025
blank
Bussines

Fraud protection system mistakenly flags thousands of innocent banking customers

September 25, 2025
blank
Bussines

Funding research for a cause? Don’t chase the wrong leads.

September 24, 2025
blank
Bussines

Widespread UK Public Backing for Stricter Regulations on Advertising High-Carbon Products and Services

September 24, 2025
Next Post

Vitamin D availability enhances antitumor microbes in mice

  • Mothers who receive childcare support from maternal grandparents show more parental warmth, finds NTU Singapore study

    Mothers who receive childcare support from maternal grandparents show more parental warmth, finds NTU Singapore study

    27560 shares
    Share 11021 Tweet 6888
  • University of Seville Breaks 120-Year-Old Mystery, Revises a Key Einstein Concept

    969 shares
    Share 388 Tweet 242
  • Bee body mass, pathogens and local climate influence heat tolerance

    646 shares
    Share 258 Tweet 162
  • Researchers record first-ever images and data of a shark experiencing a boat strike

    512 shares
    Share 205 Tweet 128
  • Groundbreaking Clinical Trial Reveals Lubiprostone Enhances Kidney Function

    472 shares
    Share 189 Tweet 118
Science

Embark on a thrilling journey of discovery with Scienmag.com—your ultimate source for cutting-edge breakthroughs. Immerse yourself in a world where curiosity knows no limits and tomorrow’s possibilities become today’s reality!

RECENT NEWS

  • Boosting Second Harmonic Generation in WS2/MoS2 Nanoantennas
  • How Individuals Internalize Values: A Qualitative Insight
  • Evaluating Caregiver Influences on Youth Eating Disorders
  • Boosting Caregiver Support for Musculoskeletal Patients: Study

Categories

  • Agriculture
  • Anthropology
  • Archaeology
  • Athmospheric
  • Biology
  • Blog
  • Bussines
  • Cancer
  • Chemistry
  • Climate
  • Earth Science
  • Marine
  • Mathematics
  • Medicine
  • Pediatry
  • Policy
  • Psychology & Psychiatry
  • Science Education
  • Social Science
  • Space
  • Technology and Engineering

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 5,184 other subscribers

© 2025 Scienmag - Science Magazine

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • SCIENCE NEWS
  • CONTACT US

© 2025 Scienmag - Science Magazine

Discover more from Science

Subscribe now to keep reading and get access to the full archive.

Continue reading