Larger Belgian companies are lagging behind their European counterparts when it comes to combatting climate change, L'Echo reports. Only 3% of Belgian companies have followed through on implementing a plan to reduce their CO emissions, according to a report by Oliver Wyman and the Carbon Disclosure Project (CDP).
To meet the 1.5% global warming target set in the Paris Climate Accords, companies have been asked to play their part by reducing their own emissions and implementing a credible implementation plan and indicators published regularly.
The consultancy Oliver Wyman joined forces with the CDP charity to publish the findings of their survey, revealing that only 3% of companies in Belgium are said to be doing enough in the fight against climate change. The European average is at 5%.
Related News
- EU officially bans new diesel and petrol cars from 2035
- Greenwashing remains widespread among multinationals, report highlights
- January was third warmest on record in Europe
In Belgium, there are also 21% of companies have taken steps to reduce their emissions, compared to the European average of 30%.
However, there are four Belgian companies which have been marked out as "leaders" in terms of climate commitment. Among the heralded enterprises are beer manufacturer AB InBev, telecoms operator Proximus and the KBC Group.
They have been applauded for providing "a sufficient level of confidence in the stability and sustainability of their transition plan" with two-thirds of their indicators having been met.
