In The Gigaton, we profile companies working on solutions with a gigaton impact. In the first installment of our new series - Decoding - we turn our attention to large corporations that set Net Zero targets and publish sustainability reports. Even though many do not directly work on climate, they are still important contributors to global decarbonization. By working to reduce their carbon footprints to Net Zero, many are providing much-needed demand for clean products and services.
Well done. The next, most critical step is adding cost. For more on this read Accountability: Why We Need to Count Social and Environmental Cost for A Livable Future (June 2023). The definition of ACCOUNTABILITY in Merriam Webster: A willingness to accept responsibility and account for one’s actions. In a recent year P&G scope 1&2 emissions were 4.1 mt and scope 3 reached 248.4. At $150 ton scope 1-3 has a climate change costs of $37.8 billion almost equal to the companies net profit of $39 billion.
Well done. The next, most critical step is adding cost. For more on this read Accountability: Why We Need to Count Social and Environmental Cost for A Livable Future (June 2023). The definition of ACCOUNTABILITY in Merriam Webster: A willingness to accept responsibility and account for one’s actions. In a recent year P&G scope 1&2 emissions were 4.1 mt and scope 3 reached 248.4. At $150 ton scope 1-3 has a climate change costs of $37.8 billion almost equal to the companies net profit of $39 billion.