Asia-Pacific Companies Committed to Net-Zero Emissions

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Reza Pahlevi 21/03/2022 16:40 WIB

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26% of CEOs in the Asia-Pacific region report that their companies have committed to net-zero emissions. This compares to only 22% of CEOs globally.

Company Commitment to Achieving Net-Zero Emissions by Region (2022)

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Asia-Pacific Companies Committed to Net-Zero Emissions

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Company Commitment to Achieving Net-Zero Emissions by Region (2022)

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Companies in the Asia-Pacific region demonstrate a stronger commitment to achieving net-zero emissions than companies in other regions.

Net-zero emissions refer to a state where the amount of carbon emissions is reduced to the point where it can be fully absorbed by the Earth's ecosystem, with no emissions escaping as greenhouse gases.

According to a PwC survey, 26% of CEOs in the Asia-Pacific region stated that their companies have already committed to net-zero emissions.

Globally, encompassing North America, Latin America, Western Europe, and Africa, this commitment stands at only 22%.

The PwC survey also found that 31% of CEOs in the Asia-Pacific region reported having no commitment to net-zero emissions.

Globally, the number of CEOs without such a commitment is significantly higher, reaching 44%.

34% of CEOs in the Asia-Pacific region stated that their companies are in the process of making a net-zero emissions commitment. Globally, this figure is only 29%.

PwC also noted that net-zero emissions commitments in the Asia-Pacific region are generally made by large companies. More than 80% of companies in the Asia-Pacific region with revenues exceeding US$25 billion have already made such a commitment.

Smaller companies, however, tend not to have similar commitments. PwC found that only 10% of companies in the Asia-Pacific region with revenues below US$100 million have a net-zero emissions commitment.

(Also Read: Despite Low-Carbon Scenarios, Indonesia's CO2 Emissions Continue to Rise)

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Asia-Pacific Companies Committed to Net-Zero Emissions

Asia-Pacific Companies Committed to Net-Zero Emissions

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