For the continent’s carbon emitters, the heat is on — but some are doing better than others in reducing their footprint
For any business leader hoping that climate issues could be quietly parked during the energy crisis, the March update from the UN Intergovernmental Panel on Climate Change offered a sharp corrective. Its summary for policymakers said: “All global modelled pathways that limit warming to 1.5C . . . involve rapid and deep and, in most cases, immediate greenhouse gas emissions reductions in all sectors this decade.” And, while the 500 companies listed in this third edition of Europe’s Climate Leaders — compiled by the Financial Times in partnership with Statista — appear to be moving in the right direction, there is no sign that the pressure to curb emissions is about to abate.
Both the EU and the UK have set a target of 2050 for achieving net zero emissions, and further impetus for a greener economy has come from two external shocks last year: Russia’s invasion of Ukraine, which led to a steep fall in gas imports; and the US’s Inflation Reduction Act, which offers $369bn in subsidies for clean energy, and which the EU is keen to match. Meanwhile, regulators are taking a harder line on greenwashing — when companies make inflated claims about their environmental credentials — although consumer groups have criticised the European Commission’s proposed new rules on this for lacking clarity. But perhaps the biggest catalyst for action is the climate itself: last year’s summer was the hottest ever recorded in Europe, with adverse consequences for farmers — including a smaller cereal harvest — and intense wildfires. This year, drought is already afflicting southern Europe. The upshot is that companies face growing scrutiny from consumers and regulators over their environmental performance, and the methodology for this year’s Climate Leaders list has been tightened accordingly.



Europe’s Climate Leaders 2023: interactive listing
For the continent’s carbon emitters, the heat is on — but some are doing better than others in reducing their footprint
https://www.ft.com/climate-leaders-europe-2023


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This interactive listing looks very comprehensive. It contains information about climate initiatives and solutions across Europe, such as upcoming projects and existing solutions. It looks like a great educational and networking tool for climate leaders who are looking to exchange ideas and make connections across Europe.