In a move to tackle climate change, many of the world’s largest companies have reignited their net zero goals after a temporary halt in 2024. These initiatives reflect an increased commitment to environmental sustainability and come in response to evolving discussions on climate policies and business competitiveness. The efforts presented in the latest study by Accenture reveal a growing alignment between environmental objectives and corporate strategies aiming to decrease emissions across entire value chains.
A historical perspective shows that since Accenture initiated its Destination Net Zero series in 2021, there has been a consistent increase in companies setting comprehensive net zero targets. Initially, 27% targeted Scopes 1, 2, and 3 emissions, expanding to 37% by 2023, although 2024 saw a plateau. Recent increases in net zero commitments indicate a resumption of this trend, particularly among European and Asia Pacific companies, with North America showing signs of renewed participation after previous declines.
What are the key features of the report?
The Accenture report, Destination Net Zero 2025, involved an analysis of 4,000 significant global firms. By examining various criteria relating to decarbonization, Accenture assessed corporate documents and used S&P Global Trucost’s emissions data. This study built on previous evaluations, extending the sample from 2,000 to 4,000 companies, yet the trends continue to reflect the initial group. Notably, 41% of the biggest 2,000 companies have articulated value chain net zero goals, and around 73% have Scope 1 and 2 targets.
How have decarbonization tools been expanded?
Companies are employing an expanded range of decarbonization tools or “levers” to achieve their environmental goals. On average, businesses employ about 13 decarbonization strategies, an increase from the previous 11.5. Some of the most popular strategies include energy efficiency, waste reduction, renewable energy adoption, and supplier collaboration. Additionally, more companies are introducing employee incentives for decarbonization efforts, rising to 57% in 2025.
Despite these advancements, only 16% of companies are currently on track to achieve net zero operations by 2050. Over half of the firms have successfully reduced their absolute Scope 1 and 2 emissions, yet a considerable portion of heavy emitters have neither set targets nor tracked progress.
The study highlighted a disconnect between aggressive goals and on-ground action among the heaviest emitters. Companies not yet on track but reducing emissions amount to 36%. However, a small percentage are currently responsible for a massive part of total emissions, showcasing an ongoing challenge in aligning corporate and environmental aspirations.
Accenture remarked:
“In 2025, the context for corporate climate action continues to evolve. Political priorities are shifting, regulations are under debate, and the path to net zero is anything but straightforward. Yet, corporate ambition isn’t fading. In fact, it’s gaining ground.”
The commentary signifies a shifting landscape for corporate climate action, complicated by debated regulations and shifting political focuses.
As companies navigate this terrain, their continuous efforts to set and achieve net zero targets underscore an evolving understanding of climate change management. This dynamic environment necessitates comprehensive strategies integrating diverse tools and incentives. The challenges lie in translating the burgeoning ambitions into impactful reductions across value chains and ensuring substantial coverage of Scope 1, 2, and 3 emissions. Closing the gap between set emissions targets and practical emissions reduction remains crucial to affirm the viability of these initiatives.
