CDP-从Stroll到Sprint：企业脱碳与时间赛跑（英）-2023-23页_2mb

Urgency of Corporate Decarbonization

The report, based on the CDP & Capgemini Invent analysis, highlights a critical race against time for corporate decarbonization. Companies must urgently address climate change and energy market volatility, with the IPCC emphasizing a 45% reduction in global emissions by 2030 to limit warming to 1.5°C. Europe's energy sovereignty and economic stability are at risk, and companies are urged to set clear transition plans.

Key Progress and Trends

• Disclosure and Transparency: Between 2019 and 2022, the number of European companies disclosing to CDP increased by 56%, reaching 843 companies across 17 sectors, representing approximately 75-80% of market capitalization. However, only 23% of companies had emissions reduction targets in 2022, and absolute targets covered just 13% of disclosed emissions.

• Target Setting: SBTi-approved targets rose from 14% to 47%, particularly in mature sectors like Media and Telecommunications. Energy efficiency improved, with average scope 1 and 2 emissions reduced by 14% while turnover grew by 8%, driven by measures like renewable energy adoption and energy optimization. The Media and Telecommunications sector led in progress, with a 37% increase in renewable electricity usage.

• Sectoral Disparities: Leaders like Media, Telecommunications, and Food and Beverage processing showed strong decarbonization, with high renewables use and impactful targets. Hard-to-abate sectors (e.g., Cement, Chemicals, Metals) lagged due to energy intensity and limited abatement options. Engagement scores revealed that only 4 out of 17 sectors advanced significantly, while others stagnated or regressed due to lack of decisive actions.

• Net-Zero Goals: Just 8% of companies had approved net-zero targets, but this is expected to rise as 22% of A-list companies deploy them by 2027. Overall, corporate targets are insufficient, covering far less than required for global limits.

Major Challenges

• Scope 3 Dominance: Scope 3 emissions accounted for 92% of total disclosed emissions, driven by "Use of Sold Products" (average 57%) and "Purchased Goods and Services" (17%). Actions reduced only 37% of these emissions, falling short due to value chain complexity. For sectors like Electric and Electronic Manufacturing, scope 3 dominates, requiring paneled strategies from suppliers and product design changes.

• Energy Volatility: Energy-intensive sectors face high operational costs (11-24% of OPEX) and are actively hedging through PPAs or energy efficiency. Renewable sourcing improved, but renewables covered less than a third of energy in most sectors.

• Value Chain Engagement: Companies need to collaborate with suppliers, customers, and stakeholders. Industry-wide initiatives are crucial, but data standardization and consistent measurement remain barriers.

Conclusion and Recommendations

European companies demonstrate commitment to decarbonization, but acceleration is vital. Key actions include setting ambitious, inclusive targets, deploying energy efficiency and renewable energy, fostering innovation, and engaging value chains. Hard-to-abate sectors must invest in long-term solutions like green hydrogen or biofuels. Overall, a holistic approach involving policy, innovation, and cross-industry collaboration is essential to achieve sustainability targets and mitigate climate risks.

Authors and Partners

• CDP and Capgemini Invent collaborated on this report, acknowledging EU funding support. Specific interviews with companies like Thales, Bayer, Proximus, and Sanofi provided sector-specific insights. The analysis is based on data from 1,495 disclosure respondents and aims to guide immediate, actionable steps for corporate decarbonization.