Green
Visualizing the Climate Targets of Fortune 500 Companies
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Visualized: The Climate Targets of Fortune 500 Companies
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The Fortune Global 500 is a ranking of the world’s 500 largest companies by revenue. In 2019, this influential group employed 70 million people and generated revenues of over $33 trillion.
Given their size and influence, many of these companies are taking climate action quite seriously. For example, 30% of the group have either achieved a climate goal or are publicly committed to doing so by 2030—a significant increase from just 6% in 2016.
In this infographic, we’ve used data from Natural Capital Partners to provide a holistic view of when Fortune Global 500 companies plan to meet their stated climate goals.
Climate Action Takes Several Forms
When taking climate action, businesses have a variety of targets they can pursue. Three of the most common ones include carbon neutrality, RE100, and science based targets (SBT).
Climate target type | Description |
---|---|
Carbon neutral | Achieved when a company completely offsets its greenhouse gas (GHG) emissions. |
RE100 | Achieved when a company relies on 100% renewable energy. |
Science based targets (SBT) | Emissions are reduced in line with the need to keep global warming below 2ºC. |
After choosing a target, businesses can also set a date for when they intend to achieve it. As the above graphic shows, many companies are targeting 2030, a year that is frequently touted as a deadline for meeting the goals of the Paris Agreement.
A fourth target known as “net zero emissions” is also used, though its exact definition tends to vary. For the purposes of this infographic, we’ve considered a commitment to net zero emissions to be the same as achieving carbon neutrality.
A Complete Overview
The following table summarizes the climate actions of Fortune Global 500 companies. Firms that made commitments without a target date have been noted in the table with a “C”.
Company Name | Headquarters | Carbon Neutral (target date) | RE100 (target date) | SBT (target date) |
---|---|---|---|---|
Commonwealth Bank of Australia | 🇦🇺Australia | 2030 | ||
Westpac Banking | 🇦🇺Australia | 2013 | 2025 | |
Woolworths Group | 🇦🇺Australia | C | ||
Anheuser-Busch InBev | 🇧🇪Belgium | 2025 | 2025 | |
Banco Bradesco | 🇧🇷Brazil | 2019 | ||
Banco do Brasil | 🇧🇷Brazil | 2019 | ||
Caixa Econômica Federal | 🇧🇷Brazil | 2018 | ||
Vale | 🇧🇷Brazil | 2050 | ||
Bank of Montreal | 🇨🇦Canada | 2010 | ||
Royal Bank of Canada | 🇨🇦Canada | 2017 | ||
Toronto-Dominion Bank | 🇨🇦Canada | 2010 | ||
Lenovo Group | 🇨🇳China | 2030 | ||
Xiamen ITG Holding Group | 🇨🇳China | C | ||
Maersk Group | 🇩🇰Denmark | 2050 | ||
Nokia | 🇫🇮Finland | 2030 | ||
Auchan Holding | 🇫🇷France | |||
AXA | 🇫🇷France | 2025 | ||
BNP Paribas | 🇫🇷France | 2017 | ||
Carrefour | 🇫🇷France | 2030 | ||
CMA CGM | 🇫🇷France | 2050 | ||
Crédit Agricole | 🇫🇷France | C | ||
Danone | 🇫🇷France | 2050 | 2030 | 2030 |
Electricité de France | 🇫🇷France | 2050 | ||
Engie | 🇫🇷France | 2030 | ||
L'Oréal | 🇫🇷France | 2020 | 2027 | |
La Poste | 🇫🇷France | 2012 | 2020 | 2025 |
Michelin | 🇫🇷France | 2030 | ||
Orange | 🇫🇷France | 2040 | ||
Renault | 🇫🇷France | 2030 | ||
Saint-Gobain | 🇫🇷France | 2025 | ||
Sanofi | 🇫🇷France | 2030 | ||
Schneider Electric | 🇫🇷France | 2025 | 2030 | 2030 |
Siemens | 🇫🇷France | 2030 | ||
Société Générale | 🇫🇷France | C | ||
Veolia Environnement | 🇫🇷France | 2034 | ||
Vinci | 🇫🇷France | 2050 | ||
Adidas | 🇩🇪Germany | 2050 | ||
Allianz | 🇩🇪Germany | 2012 | 2023 | |
Bayer | 🇩🇪Germany | 2030 | ||
BMW Group | 🇩🇪Germany | 2050 | ||
Bosch Group | 🇩🇪Germany | 2020 | ||
Continental | 🇩🇪Germany | 2040 | 2030 | |
Daimler | 🇩🇪Germany | 2039 | ||
Deutsche Bahn | 🇩🇪Germany | 2050 | 2030 | |
Deutsche Bank | 🇩🇪Germany | 2013 | ||
Deutsche Post DHL Group | 🇩🇪Germany | 2050 | ||
Deutsche Telekom | 🇩🇪Germany | 2050 | 2021 | 2030 |
E.ON | 🇩🇪Germany | 2040 | ||
Metro | 🇩🇪Germany | 2030 | ||
Munich Re Group | 🇩🇪Germany | 2015 | ||
SAP | 🇩🇪Germany | 2025 | 2014 | 2025 |
ThyssenKrupp | 🇩🇪Germany | 2030 | ||
Uniper | 🇩🇪Germany | 2035 | ||
Volkswagen | 🇩🇪Germany | 2050 | ||
ZF Friedrichshafen | 🇩🇪Germany | 2040 | ||
State Bank of India | 🇮🇳India | 2030 | ||
Tata Motors | 🇮🇳India | 2030 | ||
Accenture | 🇮🇪Ireland | 2023 | 2025 | |
CRH | 🇮🇪Ireland | 2050 | ||
Johnson Controls International | 🇮🇪Ireland | C | ||
Enel | 🇮🇹Italy | 2050 | 2030 | |
ENI | 🇮🇹Italy | 2030 | ||
AEON | 🇯🇵Japan | 2050 | 2030 | 2027 |
Dai-ichi Life Holdings | 🇯🇵Japan | 2050 | ||
Daiwa House Industry | 🇯🇵Japan | 2040 | 2030 | |
Fujitsu | 🇯🇵Japan | 2050 | 2030 | |
Hitachi | 🇯🇵Japan | C | ||
Mitsubishi Electric | 🇯🇵Japan | 2030 | ||
NEC | 🇯🇵Japan | 2050 | 2030 | |
Nissan Motor | 🇯🇵Japan | 2050 | ||
Panasonic | 🇯🇵Japan | 2050 | 2030 | |
Sompo Holdings | 🇯🇵Japan | C | ||
Sony | 🇯🇵Japan | 2040 | 2020 | |
Sumitomo Electric Industries | 🇯🇵Japan | 2050 | ||
Takeda Pharmaceutical | 🇯🇵Japan | 2019 | 2025 | |
Tokio Marine Holdings | 🇯🇵Japan | 2011 | ||
Toshiba | 🇯🇵Japan | |||
Toyota Motor | 🇯🇵Japan | 2050 | ||
América Móvil | 🇲🇽Mexico | 2050 | ||
Achmea | 🇳🇱Netherlands | 2011 | ||
Aegon | 🇳🇱Netherlands | 2016 | ||
Heineken Holding | 🇳🇱Netherlands | C | ||
ING Group | 🇳🇱Netherlands | 2007 | 2020 | |
Equinor | 🇳🇴Norway | 2030 | ||
Anglo American | 🇿🇦South Africa | 2040 | ||
Hyundai Motor | 🇰🇷South Korea | 2050 | ||
LG Electronics | 🇰🇷South Korea | 2030 | ||
Banco Bilbao Vizcaya Argentaria | 🇪🇸Spain | 2020 | 2030 | |
Banco Santander | 🇪🇸Spain | 2020 | ||
Iberdrola | 🇪🇸Spain | 2050 | 2030 | |
Inditex | 🇪🇸Spain | C | ||
Mapfre Group | 🇪🇸Spain | 2030 | ||
Naturgy Energy Group | 🇪🇸Spain | C | ||
Telefónica | 🇪🇸Spain | 2030 | 2030 | 2025 |
Volvo | 🇸🇪Sweden | 2025 | ||
ABB | 🇨🇭Switzerland | 2018 | ||
Adecco Group | 🇨🇭Switzerland | 2030 | ||
Coop Group | 🇨🇭Switzerland | 2023 | ||
Credit Suisse Group | 🇨🇭Switzerland | 2010 | 2025 | |
LafargeHolcim | 🇨🇭Switzerland | 2030 | ||
Migros Group | 🇨🇭Switzerland | C | ||
Nestlé | 🇨🇭Switzerland | 2020 | ||
Novartis | 🇨🇭Switzerland | 2025 | 2030 | |
Swiss Re | 🇨🇭Switzerland | 2003 | 2020 | |
Zurich Insurance Group | 🇨🇭Switzerland | 2014 | 2022 | |
Fubon Financial Holding | 🇹🇼Taiwan | C | ||
PTT | 🇹🇭Thailand | C | ||
Aviva | 🇬🇧UK | 2006 | 2025 | |
Barclays | 🇬🇧UK | 2030 | ||
British American Tobacco | 🇬🇧UK | 2030 | 2028 | |
BT Group | 🇬🇧UK | 2020 | 2030 | |
Compass Group | 🇬🇧UK | C | ||
GlaxoSmithKline | 🇬🇧UK | 2050 | 2027 | |
HSBC Holdings | 🇬🇧UK | 2030 | ||
J. Sainsbury | 🇬🇧UK | 2040 | ||
Linde | 🇬🇧UK | C | ||
Phoenix Group Holdings | 🇬🇧UK | 2030 | ||
Tesco | 🇬🇧UK | 2050 | 2030 | 2027 |
Unilever | 🇬🇧UK | 2020 | 2030 | |
Vodafone Group | 🇬🇧UK | 2025 | ||
3M | 🇺🇸USA | 2050 | ||
Alphabet | 🇺🇸USA | 2007 | 2017 | |
Amazon.com | 🇺🇸USA | 2040 | 2025 | 2040 |
American Express | 🇺🇸USA | 2018 | ||
Anthem | 🇺🇸USA | 2025 | ||
Apple | 🇺🇸USA | 2020 | 2020 | |
AT&T | 🇺🇸USA | 2028 | ||
Bank of America | 🇺🇸USA | 2020 | 2020 | |
Best Buy | 🇺🇸USA | 2050 | 2030 | |
Capital One Financial | 🇺🇸USA | 2018 | 2019 | |
Cisco Systems | 🇺🇸USA | 2022 | ||
Citigroup | 🇺🇸USA | 2020 | ||
Coca-Cola | 🇺🇸USA | 2030 | ||
CVS Health | 🇺🇸USA | 2028 | ||
Dell Technologies | 🇺🇸USA | 2040 | 2020 | |
Delta Air Lines | 🇺🇸USA | 2020 | ||
Dow | 🇺🇸USA | 2050 | ||
🇺🇸USA | 2020 | |||
Ford Motor | 🇺🇸USA | 2050 | ||
General Motors | 🇺🇸USA | 2050 | ||
Goldman Sachs Group | 🇺🇸USA | 2015 | 2020 | |
Hewlett Packard Enterprise | 🇺🇸USA | 2025 | ||
HP | 🇺🇸USA | 2035 | 2025 | |
Intel | 🇺🇸USA | 2030 | ||
Johnson & Johnson | 🇺🇸USA | 2050 | ||
JPMorgan Chase | 🇺🇸USA | 2020 | ||
Lowe's | 🇺🇸USA | 2025 | ||
MetLife | 🇺🇸USA | 2016 | ||
Microsoft | 🇺🇸USA | 2012 | 2017 | 2030 |
Mondelez International | 🇺🇸USA | 2025 | ||
Morgan Stanley | 🇺🇸USA | 2022 | 2022 | |
Nike | 🇺🇸USA | 2025 | 2030 | |
PepsiCo | 🇺🇸USA | 2030 | ||
Pfizer | 🇺🇸USA | 2020 | ||
Philip Morris International | 🇺🇸USA | 2050 | 2030 | |
Procter & Gamble | 🇺🇸USA | 2030 | 2030 | 2030 |
Schlumberger | 🇺🇸USA | C | ||
Starbucks | 🇺🇸USA | 2020 | ||
Target | 🇺🇸USA | 2030 | 2028 | |
Tyson Foods | 🇺🇸USA | 2030 | ||
Verizon Communications | 🇺🇸USA | 2035 | ||
Walmart | 🇺🇸USA | 2025 | 2027 | |
Wells Fargo | 🇺🇸USA | 2019 | 2020 |
Note: This data was aggregated from various sources throughout 2020, and as a result, may not include the latest climate commitments announced by companies within the Fortune Global 500.
As of October 2020, 163 companies from the Fortune Global 500 have publicly committed to achieving at least one of these climate targets. That represents 32.6% of the total group.
The most common target is carbon neutrality, which has 91 companies on board. In second place is science based targets (SBT), which has 74 companies committed—of those, 16 have not declared a target date. RE100 was the least common, with 56 companies committed. Because some companies are committed to multiple targets, these figures add to more than 163.
Climate Action is on the Rise
Private-sector awareness around climate change and other sustainability issues has gained strong momentum in recent years.
Since 2011, the number of S&P 500 companies publishing sustainability reports increased from 20% in 2011, to 90% in 2019. This was likely due to investor demand and a broader acceptance of environmental, social, and governance (ESG) criteria.
Governments around the world are also taking a more proactive approach to climate action. The Biden administration, for example, seeks to make a $2 trillion investment to help a variety of U.S. industries become more sustainable.
“We have the opportunity to build a more resilient, sustainable economy – one that will put the United States on an irreversible path to achieve net-zero emissions…by no later than 2050.”
– Biden-Harris campaign
America’s goal of reaching net-zero emissions by 2050 is shared with a handful of other advanced economies, including Japan and the EU. The UK has taken these pledges one step further, becoming the first G7 country to pass a law that requires itself to bring emissions to net zero by 2050.
Energy
Ranked: Electric Vehicle Sales by Model in 2023
Today, electric vehicle sales make up 18% of global vehicle sales. Here are the leading models by sales as of August 2023.

Ranked: Electric Vehicle Sales by Model in 2023
Electric vehicle (EV) sales are gaining momentum, reaching 18% of global vehicle sales in 2023.
As new competitors bring more affordable options and new performance features, the market continues to mature as customers increasingly look to electric options.
This graphic ranks the top-selling EVs worldwide as of August 2023, based on data from CleanTechnica.
The Best Selling EVs in 2023 (Through August)
Below, we show the world’s best selling fully electric vehicles from January to August 2023:
Model | Country | Vehicles Sold (Jan-Aug 2023) |
---|---|---|
Tesla Model Y | 🇺🇸 U.S. | 772,364 |
Tesla Model 3 | 🇺🇸 U.S. | 364,403 |
BYD Atto 3 / Yuan Plus | 🇨🇳 China | 265,688 |
BYD Dolphin | 🇨🇳 China | 222,825 |
GAC Aion S | 🇨🇳 China | 160,693 |
Wuling HongGuang Mini EV | 🇨🇳 China | 153,399 |
GAC Aion Y | 🇨🇳 China | 136,619 |
VW ID.4 | 🇩🇪 Germany | 120,154 |
BYD Seagull | 🇨🇳 China | 95,202 |
As we can see, Tesla‘s Model Y still holds a comfortable lead over the competition with 772,364 units sold. That’s more than double the sales of the #2 top selling vehicle, Tesla’s Model 3 (364,403)
But it’s hard to ignore the rising prevalence of Chinese EVs. The next five best selling EV vehicles are Chinese, including three from BYD. The automaker’s Atto 3 (or Yuan Plus, depending on market), is being sold in various countries including Germany, the UK, Japan, and India.
Meanwhile, Chinese automaker GAC Group also had two models of its Aion EV brand make the rankings, with the Aion S selling 160,693 units so far.
Regional market strength is also clear. For Volkswagen’s ID.4 model (120,154 units sold), Europe and China account for the majority of sales.
Given growing cost efficiencies and changing consumer behavior, global EV sales are projected to make up half of new car sales globally by 2035, according to forecasts from Goldman Sachs.
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