White paper · 1. Dec 2023

Carbon accountability report 2023

Exploring the challenges businesses face in the transition to net zero, based on insights from a survey of 200 enterprise executives and sustainability leaders.

Headshot of Dr Alexander Schmidt

Dr. Alexander Schmidt

Head of Science, Sustainability, and Climate Research

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What’s causing the gap between climate commitments and climate action?

Headshot of Dr Alexander Schmidt

Dr. Alexander Schmidt

Head of Science, Sustainability, and Climate Research

Read bio

This survey of 200 EU and UK enterprise executives and sustainability leaders makes clear: 

Businesses do not have the carbon visibility needed to reach net zero.

This is especially true when it comes to the value chain emissions in scope 3, which account for around 90% of emissions for most businesses. Despite scope 3’s vital importance for emissions reporting and reduction, over 70% of the surveyed businesses were not calculating scope 3 emissions at all.

This survey shines light on the state of carbon management, and the carbon visibility challenges preventing businesses from taking impactful action.

Key insights include:

  • 72% of respondents do not calculate scope 3 emissions.
  • 71% use ESG considerations when selecting suppliers.
  • 91% acknowledge the need to improve how they use carbon accounting data to reduce their environmental impact.
  • 47% want improved visibility into supply chain emissions.
  • 38% noted missed revenue opportunities due to low-quality ESG reporting.

Download Carbon Accountability Report 2023 for free to see the full insights from this deep-diving survey of 200 enterprise executives and sustainability leaders across the EU and the UK.

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