The standard setter emphasises internal decarbonisation, action-based targets as part of revamped net zero standard for corporates.
Panellists at the ICGN stewardship forum call for more transition-focused action from companies and targeted engagement by investors.
With the timeline now confirmed, investors are nevertheless being advised to stand ready for implementation.
Investing in reformed consumption and production could be five times more profitable than in renewables, but Scope 3 reporting remains a struggle.
New resource recommends asset-based, as opposed portfolio-based, method for emissions assessments, urging investors to proactively overcome barriers.
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