Why Do Targets Matter for My Company?
The Business Benefits of Setting Climate Goals
Setting and achieving science-based or science-aligned targets demonstrates your company's commitment to sustainability. Beyond the environmental impact, this commitment can result in several business benefits, including:
- Improved brand reputation: Customers and stakeholders increasingly prefer companies with clear climate goals.
- Regulatory compliance: Many regions are adopting stricter regulations on corporate emissions, and setting targets ensures your company stays compliant.
- Cost savings: Emissions reductions often go hand-in-hand with improved operational efficiency, leading to long-term cost savings.
- Attracting talent and investment: Companies with strong sustainability initiatives often attract top talent and investment from climate-conscious investors.
By setting clear, actionable targets, you not only contribute to global climate goals but also strengthen your company's competitive position.