Corporate Sustainability Tracker 1Q23

Climate change is one of the most commonly heard phrases of the early 21^st Century. Virtually all parts of society are engaged in tackling the ill effects of climate change, from governments, public sector agencies and organizations to not-for-profits to corporates and individuals. Corporations are particularly engaged in demonstrating their commitment to combatting climate change by measuring and reporting their carbon emissions, their impacts on ecosystems, and their actions for improvement.

Measuring and reporting methods are not aligned between industries, however, and sometimes not even within the same industry. Additionally, each individual company can decide for itself whether to have its results audited or verified by a third party—measuring and reporting discrepancies that hinder anyone trying to analyze an industry’s sustainability progress and compare peer companies. The market needs a comprehensive database that collects and verifies sustainability progress among companies.

The Guidehouse Insights’ Corporate Sustainability Tracker compares Scope 1, 2, and 3 emissions as reported by 100 selected companies across 20 industries, for the years 2018, 2019, 2020, and 2021. It includes sustainability actions such as which companies have established dates for net-zero/carbon neutral targets, science-based targets, and achieving 100% renewable electricity. Revenue-based carbon intensity for Scope 1 and Scope 2 is also reported. This is the first edition of the Corporate Sustainability Tracker. The next update will be in 3Q 2023.