The Business Times
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Why carbon management matters to businesses

    • Carbon management – the process of measuring and reducing carbon emissions – has now become a key facet in corporate strategy.
    • Carbon management – the process of measuring and reducing carbon emissions – has now become a key facet in corporate strategy. PHOTO: BT FILE

    Geoffrey Yeo and Tok Xinying

    Published Thu, Apr 11, 2024 · 05:00 AM

    INTERNATIONAL efforts to accelerate climate action have intensified as the global transition to net zero continues to gain momentum.

    To date, more than 149 countries responsible for over 88 per cent of global greenhouse gas emissions, including Singapore, have committed to net-zero targets.

    More corporates are also committing to decarbonisation, with 929 companies from the Forbes 2000 list setting net-zero targets in 2023, up from just 417 three years ago.

    DecarbonisationCarbon MarketsGreenhouse gas emissions

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