The 2024 EY Global Climate Action Barometer finds that despite improved disclosures, companies must take more urgent action on climate.
In brief
- Despite climate-related disclosure quality (54%) and coverage (94%) increasing, growth does not match the pace needed to avoid the looming climate crisis.
- While most of the companies are aware of the physical risks they face related to climate change, a mere 19% have adopted plans to mitigate those risks.
- Only by taking decisive and meaningful action can business accelerate decarbonization and the energy transition necessary to shape a sustainable future.
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