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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%.

Emissions from the Bluescope steel works at Port Kembla, Wollongong, Australia.

Emissions from the Bluescope steel works at Port Kembla, Wollongong, Australia.

Photographer: Construction Photography/Avalon/Hulton Archive

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%.