A climate target looks good on paper. But how do you move from ambition to real-world results? The real challenge lies in turning ambition into action. From putting a price on your own emissions, to improving business processes, products, and supply chains—and making tough choices on which levers to prioritize—building the right roadmap requires both strategy and discipline. We break this down into a practical 3-step guide that helps companies move beyond pledges to measurable progress.

Setting Right Climate Targets: Get It Right from the Start- The right baseline year. The right target. The right ambition.

Thinking about your company’s climate journey? 🌍 Here’s our new guide for corporates on setting and achieving climate goals: Measure your emissions: set boundaries, choose a protocol, and kick off with a simple data plan Report: using the framework that fits—CDP, TCFD, GRI, BRSR, CSRD, or the US SEC rule Set realistic reduction targets, aligned to your business goals Implement the strategies that make sense for you Monitor results to adapt and accelerate

We analysed Forbes’ Top 50 companies by market cap—and here’s what we found: - Nearly all have committed to net-zero targets - 52% are already procuring carbon credits to support those targets From nature-based projects such as afforestation and mangrove restoration to high-tech solutions such as DAC and BECCS, global leaders are starting to turn climate ambition into tangible action.

Decarbonizing sectors through compliance and voluntary markets. Electricity, industry, agriculture, transportation, and buildings — these five sectors drive the majority of global greenhouse gas emissions. This research explores how each sector is participating in carbon markets — through evolving compliance frameworks and voluntary initiatives — to manage emissions and accelerate the transition to a low-carbon economy. While each sector’s pathway is unique, collective progress across sectors is key to achieving global climate goals.

Carbon markets enable the trade of carbon credits to offset emissions and are classified into compliance and voluntary markets. Compliance markets are government-regulated and mandatory for high-emission industries, using tools like cap-and-trade and carbon taxes. Voluntary markets are driven by corporate sustainability goals, with credits certified by independent standards like Verra and Gold Standard. Compliance markets grow through global climate regulations, while voluntary markets are fueled by net-zero pledges, ESG investor pressure, and consumer demand for sustainable products.

Greenhouse gases (CO₂, CH₄, N₂O, and fluorinated gases) trap heat in the atmosphere and drive global warming. Most excess emissions result from human activity. The GHG Protocol organizes emissions into three scopes: Scope 1: Direct emissions from sources a company owns or controls (e.g., fuel use, company vehicles). Scope 2: Indirect emissions from purchased energy such as electricity, heating, or cooling. Scope 3: All other indirect emissions across the value chain, including those from suppliers, product use, distribution, and disposal.

The global push for net-zero emissions is reshaping business. Germany leads with policy-driven change—carbon pricing under the Climate Action Programme, 80% renewable power by 2030 via the Renewable Energy Act, and €9 billion invested in green hydrogen. Circular economy laws target higher recycling, and ESG rules demand supply chain transparency. These measures raise costs and compliance needs but open access to clean energy, new markets, and investor trust. Germany shows how smart regulation can align climate goals with business strategy and drive sustainable growth in a low-carbon economy.

The Paris Agreement aims to limit global warming to below 2°C. We’ve already hit 1.36°C—and some months in 2024 exceeded 1.5°C. Beyond 2°C, climate risks rise sharply. Heatwaves, floods, droughts, and storms are disrupting operations—from flight cancellations at Delta to supply chain hits at Volkswagen, Nestlé, and Coca-Cola. Natural systems like forests and oceans, which help absorb carbon, may reach irreversible tipping points. Crossing 2°C means higher costs, supply shocks, and long-term business risk. Staying below is not just environmental—it’s economic.

The Kyoto Protocol (1997) set binding emission targets for developed nations but lacked global reach. Replaced by the Paris Agreement (2015), which involves all countries with voluntary, regularly updated climate goals (NDCs). Its aim: limit warming below 2°C, ideally 1.5°C. Progress is reviewed every five years via the Global Stocktake. Today, it is the central framework for global climate action.