A Mere 5% of FTSE 100 Companies Have Credible Net Zero Plans.

According to a recent analysis by EY, only 5% of FTSE 100 companies have disclosed transition plans that would be deemed “credible” or detailed enough to meet the draft UK government guidance on decarbonization. With looming regulations and policies, along with the growing pressure to set standards that enable the world to achieve the goal of avoiding 1.5 C warming from the Paris Climate Agreement, organizations needs to act now.