Over 90% of Firms Aren’t Measuring Emissions Correctly, BCG Says
Over half of the companies surveyed by Boston Consulting Group acknowledged an error rate of as much as 40%.
Fewer than one in ten companies are measuring their greenhouse gas emissions correctly, according to Boston Consulting Group, highlighting a major hurdle in the race to net-zero.
Only 9% of companies have the ability to count their emissions frequently and accurately, the business strategy firm said in a study released on Wednesday. The research showed that 81% of companies don’t report emissions related to their own activities, while 66% omit emissions from their suppliers and customers. Over half of firms acknowledged an error rate of as much as 40%.