Arbeitspapier

Corporate carbon reduction pledges: An effective tool to mitigate climate change?

In the intensifying public debate about limiting the harmful effects of climate change, many global corporations have recently articulated so-called 'net-zero' goals for reducing and ultimately eliminating their own greenhouse gas emissions. We first examine the details ofthe carbon reduction goals articulated by seven large firms in different industries. The individual reduction goals are shown to vary substantially in terms of specificity and scope, largely due to variations in the measurement of carbon footprints. Particular sources of variation arise from how 'gross emissions' are determined and from firms' willingness to recognize carbon credits that offset their own emissions.

Sprache
Englisch

Erschienen in
Series: ZEW Discussion Papers ; No. 21-052

Klassifikation
Wirtschaft
Renewable Resources and Conservation: Government Policy
Energy: General
Accounting
Accounting and Auditing: Government Policy and Regulation
Thema
Carbon Emissions
corporate reporting
net-zero goals
carbon offsets

Ereignis
Geistige Schöpfung
(wer)
Comello, Stephen
Reichelstein, Julia
Reichelstein, Stefan
Ereignis
Veröffentlichung
(wer)
ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
(wo)
Mannheim
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Comello, Stephen
  • Reichelstein, Julia
  • Reichelstein, Stefan
  • ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung

Entstanden

  • 2021

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