Biggest UK companies failing to set net-zero targets despite commitments
rankings
For all Spendwell rankings, companies having the least negative impact on people and our planet, rank first. You can find details on how Spendwell ranks each value in the Methodology section of this report.
The ↗ symbol indicates a company ranked here links to its detailed company report.
Companies committing to more independently verifiable action to mitigate their negative impact on the climate rank higher.
- AstraZeneca has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- AstraZeneca has committed to the EP100 energy efficiency program.
- AstraZeneca has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- AstraZeneca has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2045
- Science Based Targets has assessed the commitments and targets set by AstraZeneca are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including AstraZeneca, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 650
- Vodafone has committed to 100% renewable electricity through both Science Based Targets and RE100 with the following target year used for this Spendwell ranking:2025
- Vodafone has not committed to the EP100 energy efficiency program.
- Vodafone has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Vodafone has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2040
- Science Based Targets has assessed the commitments and targets set by Vodafone are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Vodafone, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 625
- Coca-Cola Europacific Partners has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- Coca-Cola Europacific Partners has not committed to the EP100 energy efficiency program.
- Coca-Cola Europacific Partners has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Coca-Cola Europacific Partners has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2040
- Science Based Targets has assessed the commitments and targets set by Coca-Cola Europacific Partners are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Coca-Cola Europacific Partners, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 620
- GSK has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- GSK has not committed to the EP100 energy efficiency program.
- GSK has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- GSK has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2045
- Science Based Targets has assessed the commitments and targets set by GSK are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including GSK, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 600
- Tesco has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- Tesco has not committed to the EP100 energy efficiency program.
- Tesco has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Tesco has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2050
- Science Based Targets has assessed the commitments and targets set by Tesco are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Tesco, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 570
- Co-operative Group has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Co-operative Group has not committed to the EP100 energy efficiency program.
- Co-operative Group has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Co-operative Group has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2040
- Science Based Targets has assessed the commitments and targets set by Co-operative Group are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Co-operative Group, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 550
- Imperial Brands has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Imperial Brands has not committed to the EP100 energy efficiency program.
- Imperial Brands has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Imperial Brands has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2040
- Science Based Targets has assessed the commitments and targets set by Imperial Brands are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Imperial Brands, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 550
- John Lewis has not committed to 100% renewable electricity through Science Based Targets or RE100.
- John Lewis has not committed to the EP100 energy efficiency program.
- John Lewis has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- John Lewis has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2050
- Science Based Targets has assessed the commitments and targets set by John Lewis are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including John Lewis, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 500
- Sainsbury's has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Sainsbury's has not committed to the EP100 energy efficiency program.
- Sainsbury's has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Sainsbury's has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2050
- Science Based Targets has assessed the commitments and targets set by Sainsbury's are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Sainsbury's, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 500
- Haleon has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Haleon has not committed to the EP100 energy efficiency program.
- Haleon has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Haleon are aligned with keeping the global climate change temperature increase to 1.5°C.
- Haleon has committed to setting net-zero Science Based Targets, but has yet to have any targets approved.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Haleon, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 350
- NatWest has committed to 100% renewable electricity through both Science Based Targets and RE100 with the following target year used for this Spendwell ranking:2025
- NatWest has not committed to the EP100 energy efficiency program.
- NatWest has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by NatWest are aligned with keeping the global climate change temperature increase to 1.5°C.
- NatWest committed to develop and verify net-zero Science Based Targets through the Business Ambition for 1.5°C program when SBTi has a developed net-zero standard for this sector. Companies with commitments that are more than two years old receive no points from Spendwell for this climate ranking, no matter the reason for target setting delay.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Companies like NatWest that have been granted extensions for net-zero target setting are noted as committed, but receive no points for this commitment. SBTi has not finalized its net-zero standards for this company's business sector or the company was granted an extension for other reasons.
Some corporations, including NatWest, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 325
- Reckitt Benckiser has committed to 100% renewable electricity through both Science Based Targets and RE100 with the following target year used for this Spendwell ranking:2030
- Reckitt Benckiser has not committed to the EP100 energy efficiency program.
- Reckitt Benckiser has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Reckitt Benckiser are aligned with keeping the global climate change temperature increase to 1.5°C.
- Reckitt Benckiser has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Reckitt Benckiser, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 320
- Aviva has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Aviva has not committed to the EP100 energy efficiency program.
- Aviva has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Aviva are aligned with keeping the global climate change temperature increase to 1.5°C.
- Aviva committed to develop and verify net-zero Science Based Targets through the Business Ambition for 1.5°C program when SBTi has a developed net-zero standard for this sector. Companies with commitments that are more than two years old receive no points from Spendwell for this climate ranking, no matter the reason for target setting delay.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Companies like Aviva that have been granted extensions for net-zero target setting are noted as committed, but receive no points for this commitment. SBTi has not finalized its net-zero standards for this company's business sector or the company was granted an extension for other reasons.
Some corporations, including Aviva, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 250
- Compass Group has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Compass Group has not committed to the EP100 energy efficiency program.
- Compass Group has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Compass Group are aligned with keeping the global climate change temperature increase to 1.5°C.
- Compass Group has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Compass Group is the parent of several constituent entities, operating globally. While some of these constituent operations have committed to net-zero targets, Compass Group as a parent company has not. Spendwell’s rankings represent either the commitments and targets of a parent company or the commitments and targets of the least climate-positive subsidiary.
Some corporations, including Compass Group, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 250
- Kingfisher has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Kingfisher has not committed to the EP100 energy efficiency program.
- Kingfisher has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Kingfisher are aligned with keeping the global climate change temperature increase to 1.5°C.
- Kingfisher has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Kingfisher, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 250
- Linde has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Linde has not committed to the EP100 energy efficiency program.
- Linde has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2
- Science Based Targets has assessed the near-term commitments and targets set by Linde are aligned with keeping the global climate change temperature increase to Well-below 2°C.
- Linde has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Linde, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 175
- Lloyds has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2020
- Lloyds has committed to the EP100 energy efficiency program.
- Lloyds has not committed to setting near-term targets with Science Based Targets.
- Lloyds has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Lloyds, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 130
- International Distributions Services has not committed to 100% renewable electricity through Science Based Targets or RE100.
- International Distributions Services has not committed to the EP100 energy efficiency program.
- International Distributions Services has committed to setting net-zero Science Based Targets, but has yet to have any targets approved. Net-zero commitments typically encompass near-term commitments as well.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*International Distributions Services is the parent company of Royal Mail. While Royal Mail has set both near and net-zero targets with SBTi, General Logistics Systems (GLS), International Distributions Services’s other major subsidiary, has only committed to near and net-zero targets without set targets. Spendwell’s rankings represent either the commitments and targets of a parent company or the commitments and targets of the least climate-positive subsidiary.
Some corporations, including International Distributions Services, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 125
- Anglo American has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- Anglo American has not committed to the EP100 energy efficiency program.
- Anglo American has not committed to setting near-term targets with Science Based Targets.
- Anglo American has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Anglo American, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 75
- Barclays has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- Barclays has not committed to the EP100 energy efficiency program.
- Barclays has not committed to setting near-term targets with Science Based Targets.
- Barclays has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Barclays, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 75
- HSBC has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- HSBC has not committed to the EP100 energy efficiency program.
- HSBC has not committed to setting near-term targets with Science Based Targets.
- HSBC has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including HSBC, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 70
- CNH Industrial has not committed to 100% renewable electricity through Science Based Targets or RE100.
- CNH Industrial has not committed to the EP100 energy efficiency program.
- CNH Industrial has not set near-term Science Based Targets, but has committed to doing so.
- CNH Industrial has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including CNH Industrial, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 25
- LyondellBasell Industries has not committed to 100% renewable electricity through Science Based Targets or RE100.
- LyondellBasell Industries has not committed to the EP100 energy efficiency program.
- LyondellBasell Industries has not set near-term Science Based Targets, but has committed to doing so.
- LyondellBasell Industries has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including LyondellBasell Industries, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 25
- Associated British Foods has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Associated British Foods has not committed to the EP100 energy efficiency program.
- Associated British Foods has not committed to setting near-term targets with Science Based Targets.
- Associated British Foods has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Associated British Foods, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Ferguson has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Ferguson has not committed to the EP100 energy efficiency program.
- Ferguson has not committed to setting near-term targets with Science Based Targets.
- Ferguson has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Ferguson, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- INEOS has not committed to 100% renewable electricity through Science Based Targets or RE100.
- INEOS has not committed to the EP100 energy efficiency program.
- INEOS has not committed to setting near-term targets with Science Based Targets.
- INEOS has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including INEOS, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Prudential plc has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Prudential plc has not committed to the EP100 energy efficiency program.
- Prudential plc has not committed to setting near-term targets with Science Based Targets.
- Prudential plc has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Prudential plc, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Rio Tinto has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Rio Tinto has not committed to the EP100 energy efficiency program.
- Rio Tinto has not committed to setting near-term targets with Science Based Targets.
- Rio Tinto has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Rio Tinto, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Rolls-Royce Holdings has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Rolls-Royce Holdings has not committed to the EP100 energy efficiency program.
- Rolls-Royce Holdings committed to develop and verify net-zero Science Based Targets through the Business Ambition for 1.5°C program when SBTi has a developed net-zero standard for this sector. Companies with commitments that are more than two years old receive no points from Spendwell for this climate ranking, no matter the reason for target setting delay.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Companies like Rolls-Royce Holdings that have been granted extensions for net-zero target setting are noted as committed, but receive no points for this commitment. SBTi has not finalized its net-zero standards for this company's business sector or the company was granted an extension for other reasons.
Some corporations, including Rolls-Royce Holdings, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Swire has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Swire has not committed to the EP100 energy efficiency program.
- Swire has not committed to setting near-term targets with Science Based Targets.
- Swire has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Swire, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Deloitte has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- Deloitte has committed to the EP100 energy efficiency program.
- Deloitte has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Deloitte are aligned with keeping the global climate change temperature increase to 1.5°C.
- Deloitte committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Deloitte committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because Deloitte does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including Deloitte, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -130
- BT has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2020
- BT has not committed to the EP100 energy efficiency program.
- BT has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by BT are aligned with keeping the global climate change temperature increase to 1.5°C.
- BT committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*BT committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because BT does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including BT, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -170
- EY has committed to 100% renewable electricity through both Science Based Targets and RE100 with the following target year used for this Spendwell ranking:2025
- EY has not committed to the EP100 energy efficiency program.
- EY has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by EY are aligned with keeping the global climate change temperature increase to 1.5°C.
- EY committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*EY committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because EY does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including EY, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -175
- WPP has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- WPP has not committed to the EP100 energy efficiency program.
- WPP has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by WPP are aligned with keeping the global climate change temperature increase to 1.5°C.
- WPP committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including WPP, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -175
- Diageo has committed to 100% renewable electricity through both Science Based Targets and RE100 with the following target year used for this Spendwell ranking:2030
- Diageo has not committed to the EP100 energy efficiency program.
- Diageo has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Diageo are aligned with keeping the global climate change temperature increase to 1.5°C.
- Diageo committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Diageo, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -180
- PWC has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- PWC has not committed to the EP100 energy efficiency program.
- PWC has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by PWC are aligned with keeping the global climate change temperature increase to 1.5°C.
- PWC committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*PWC committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because PWC does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including PWC, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -180
- Unilever has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- Unilever has not committed to the EP100 energy efficiency program.
- Unilever has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Unilever are aligned with keeping the global climate change temperature increase to 1.5°C.
- Unilever committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Unilever, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -180
- British American Tobacco has not committed to 100% renewable electricity through Science Based Targets or RE100.
- British American Tobacco has not committed to the EP100 energy efficiency program.
- British American Tobacco has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by British American Tobacco are aligned with keeping the global climate change temperature increase to 1.5°C.
- British American Tobacco committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including British American Tobacco, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -250
**Spendwell categorizes National Grid as a utility that plays an active role in the production or distribution of fossil fuels. However, SBTi does not categorize National Grid as a fossil fuel company. Read more about SBTi's fossil fuel industry categorization by following this link.
- National Grid has not committed to 100% renewable electricity through Science Based Targets or RE100.
- National Grid has not committed to the EP100 energy efficiency program.
- National Grid has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by National Grid are aligned with keeping the global climate change temperature increase to 1.5°C.
- National Grid committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including National Grid, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -250
**Spendwell categorizes SSE as a utility that plays an active role in the production or distribution of fossil fuels. However, SBTi does not categorize SSE as a fossil fuel company. Read more about SBTi's fossil fuel industry categorization by following this link.
- SSE has not committed to 100% renewable electricity through Science Based Targets or RE100.
- SSE has not committed to the EP100 energy efficiency program.
- SSE has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by SSE are aligned with keeping the global climate change temperature increase to 1.5°C.
- SSE committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including SSE, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -250
- Bunzl has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Bunzl has not committed to the EP100 energy efficiency program.
- Bunzl has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Bunzl are aligned with keeping the global climate change temperature increase to Well-below 2°C.
- Bunzl committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Bunzl committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because Bunzl does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including Bunzl, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -300
- Johnson Matthey has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Johnson Matthey has not committed to the EP100 energy efficiency program.
- Johnson Matthey has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Johnson Matthey are aligned with keeping the global climate change temperature increase to Well-below 2°C.
- Johnson Matthey committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Johnson Matthey committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because Johnson Matthey does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including Johnson Matthey, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -300
- Standard Chartered has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- Standard Chartered has not committed to the EP100 energy efficiency program.
- Standard Chartered committed to set near-term targets with SBTi, but did not set them by their agreed-to target setting date. Standard Chartered was subsequently removed from SBTi's commitment list.
- Standard Chartered has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Standard Chartered, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -425
- BAE has not committed to 100% renewable electricity through Science Based Targets or RE100.
- BAE has not committed to the EP100 energy efficiency program.
- BAE committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*BAE committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because BAE does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including BAE, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
Read more about SBTi's fossil fuel industry categorization by following this link.
- BP has not committed to 100% renewable electricity through Science Based Targets or RE100.
- BP has not committed to the EP100 energy efficiency program.
- BP has not committed to setting near-term targets with Science Based Targets.
- BP has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including BP, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
Spendwell categorizes Centrica as a utility that plays an active role in the production or distribution of fossil fuels. However, SBTi may or may not also categorize Centrica as a fossil fuel company. If SBTi does consider Centrica a fossil fuel company, the exclusion note above applies. Read more about SBTi's fossil fuel industry categorization by following this link.
- Centrica has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Centrica has not committed to the EP100 energy efficiency program.
- Centrica has not committed to setting near-term targets with Science Based Targets.
- Centrica committed to set near-term Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Centrica has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Centrica committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because Centrica does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including Centrica, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
Read more about SBTi's fossil fuel industry categorization by following this link.
- EG Group has not committed to 100% renewable electricity through Science Based Targets or RE100.
- EG Group has not committed to the EP100 energy efficiency program.
- EG Group has not committed to setting near-term targets with Science Based Targets.
- EG Group has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including EG Group, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
Read more about SBTi's fossil fuel industry categorization by following this link.
- Greenergy has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Greenergy has not committed to the EP100 energy efficiency program.
- Greenergy has not committed to setting near-term targets with Science Based Targets.
- Greenergy has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Greenergy, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
- IAG (British Airways) has not committed to 100% renewable electricity through Science Based Targets or RE100.
- IAG (British Airways) has not committed to the EP100 energy efficiency program.
- IAG (British Airways) committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including IAG (British Airways), might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
Read more about SBTi's fossil fuel industry categorization by following this link.
- Shell has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Shell has not committed to the EP100 energy efficiency program.
- Shell has not committed to setting near-term targets with Science Based Targets.
- Shell has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Shell, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
Summary
This report compares the 50 largest companies* headquartered in the United Kingdom on climate crisis action and leadership, as measured through participation in the independent Science Based Targets initiative (SBTi) as well as Climate Group’s RE100 and EP100 initiatives. Companies making more and better commitments and setting more and better independently verifiable targets, rank higher.
- Just 9 of the UK's 50 largest companies have set net-zero targets with the Science Based Targets initiative (SBTi), the collaborative climate commitment and target setting program supported by the United Nations. Another 5 companies have active commitments to set net-zero targets with SBTi.
- Conversely, 14 of these 50 companies committed to setting net-zero targets with SBTi, but failed to set approved targets within the commitment time frame (a minimum of 2 years). SBTi has already removed 7 of these companies from their commitments list.
- 28 companies have managed to set near-term targets with SBTi. Another 4 companies have active commitments to set near-term targets.
- 19 of these companies have made a commitment to 100% renewable energy through Science Based Targets or Climate Group’s RE100 initiative.
- Only 3 companies have set energy efficiency targets with Climate Group’s EP100 initiative.
*The 50 largest companies in the UK based on publicly available revenue data or data made available to Spendwell. In some instances, economically important companies experiencing rapid growth but without updated revenue figures are included. Spendwell's rankings include private companies: partnerships, mutuals, employee owned enterprises and cooperatives with publicly reported revenue figures that can be reasonably expected to be accurate.
Ranking Methodology
This Spendwell ranking is predicated on the values-based statement a company should do all that it can to address and ultimately reverse its negative impact on the global climate. Most individual value rankings reported by Spendwell consist of a singular data point or a combination of like data points over set time periods (e.g., executive pay in each of the last 7 years, averaged). Measuring climate and other environmental impacts is significantly more complex.
Adding to this complexity is the third criteria for inclusion of a data point in any individual Spendwell value ranking: the data point should be independently verified. Typically, data points are derived from a company's self-reporting to regulatory bodies. In some instances, data is self-reported to independent, nongovernmental organizations (NGOs) and entities committed to transparency and truth-telling. Measurable climate data points are almost exclusively reported to the latter, complicating the process of compiling a value ranking, as nongovernmental bodies rarely have regulatory authority (e.g., the ability to require self-reporting). Fortunately, public interest in corporate climate impact has fostered a robust, independent NGO-based reporting system that Spendwell can tap into and distill for publicly accessible, directly measurable and independently verified data points.
Two active climate accountability initiatives are currently reported by Spendwell and included in Spendwell’s initial climate impact value rankings:
- The Climate Group’s RE100 and EP100 programs focused on renewable energy consumption and efficiency, respectively, and
- The Science Based Targets initiative (SBTi), an independent corporate climate action commitment and measurement effort supported by CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature. SBTi is focused on renewable energy, near-term, and net-zero commitments and targets.
Both of these initiatives meet Spendwell’s value-ranking criteria and both demonstrate corporate climate commitment to action. Just as important, these initiatives represent two of the only cross-industry, independent climate change-reporting efforts active on a global scale.
The RE100, EP100 and SBTi initiatives require significant commitments to action by corporations and both involve rigorous, scientifically guided and independently approved goal- and target-setting. Both initiatives produce numerically comparative data points representing corporate commitment to positive climate impacts, level of positive impact attainment, and generally a time-frame for achieving those positive impacts. An approved RE100 commitment or an SBTi renewable electricity commitment consists of a target year for attaining 100% renewable energy consumption. EP100 commitments generally involve a target year, but this varies widely by company and industry. Similarly, an approved SBTi net-zero target consists of a target year for attaining net-zero. SBTi committed targets are assessed by SBTi to align with one of three levels of progressively positive climate impact: an impact level consistent with a “2 degrees Celsius” rise in global temperatures, a “well-below 2 C” rise, or a “1.5 C” or less rise. Points for ranking these complex commitments and targets are as follows:
Renewable Energy
Spendwell assigns a company 50 points for participation in the RE100 initiative or the SBTi renewable electricity target. Companies are awarded a point for each year a 100% renewable energy target is sooner than 2050. For example, if a company's RE100 target year is 2025, they will be awarded 25 bonus points. In the event a company has committed to both initiatives, Spendwell uses only the data from the initiative with the earliest target year.Energy Efficiency
Spendwell assigns a company 50 points for participation in the EP100 initiative, but because of the significant variation in target years depending on company, industry, and more, Spendwell does not award bonus points for target year nearness.Near-term
A company gets 25 points for committing to set near-term Science Based Targets. Spendwell does not count commitments to the SBTi version of Business Ambition for 1.5°C unless companies have already set targets. The Business Ambition for 1.5°C commitment initiative closed for commitments over 3 years ago. For more information, see SBTi's final report on its Business Ambition for 1.5°C program.- A company gets 25 points each for setting near-term Scope 1, 2 or 3 Science Based Targets.
- A company gets 50 points for setting Science-Based Targets that align with “2 degrees” of warming, 100 points for targets aligned with “well-below 2 degrees” of warming or 150 points for targets aligned with “1.5 degrees Celsius” of warming.
Net-zero
Companies committing to set net-zero targets with SBTi get 100 points and an additional 150 points when their net-zero targets are approved. Additionally, companies are awarded 5 points for each year a net-zero target is sooner than 2050. For example, if a company’s target year is 2040, they will be awarded 50 bonus points.Missed Deadlines & Removal
If a company, including its subsidiaries and overseas operations, misses an agreed to deadline for target verification or is removed from the Climate Group or SBTi's commitment list(s) for failure to set or reach approved targets, the company will lose 500 points and any points associated with previously made commitments and/or targets tied to the removed commitment. This includes companies that made Business Ambition for 1.5°C net-zero commitments, but failed to follow through with verification through SBTi. Certain companies, such as financial institutions and certain automobile industry companies, have been granted target setting extensions by SBTi. Spendwell does not currently penalize these companies for having missed target setting dates, but does not grant them commitment points. For more information on SBTi's exceptions, see SBTi's commitment compliance policy.Please note: when SBTi notified committed companies in early 2023 about the above compliance policy, SBTi also let companies rescind commitments. If a company made a commitment through the Business Ambition for 1.5°C program, Spendwell's ranking includes that original commitment whether or not it was rescinded during SBTi's commitment compliance policy notice period.
Fossil Fuel Companies
Companies Spendwell classifies as belonging to the fossil fuel industry with no active commitments or targets tracked by Spendwell, lose 500 points. For Spendwell, fossil fuel companies are those actively involved in the production or distribution of fossil fuels. Utilities that consume fossil fuels, but do not produce or distribute them in significant ways are not considered fossil fuel companies for Spendwell's rankings.
You can find out more about each of these independent, science-led climate initiatives through the following links:
The point system used in this ranking was developed by Spendwell in order to weight the importance of each commitment and target.
This ranking is currently focused on independently verifiable climate action commitments and targets. Future updates to this ranking will include measuring a company's transparency regarding its targets as well as demonstrated or verifiable action taken to make those commitments and targets, real and meaningful.
Ranking Methodology
This Spendwell ranking is predicated on the values-based statement a company should do all that it can to address and ultimately reverse its negative impact on the global climate. Most individual value rankings reported by Spendwell consist of a singular data point or a combination of like data points over set time periods (e.g., executive pay in each of the last 7 years, averaged). Measuring climate and other environmental impacts is significantly more complex.
Adding to this complexity is the third criteria for inclusion of a data point in any individual Spendwell value ranking: the data point should be independently verified. Typically, data points are derived from a company's self-reporting to regulatory bodies. In some instances, data is self-reported to independent, nongovernmental organizations (NGOs) and entities committed to transparency and truth-telling. Measurable climate data points are almost exclusively reported to the latter, complicating the process of compiling a value ranking, as nongovernmental bodies rarely have regulatory authority (e.g., the ability to require self-reporting). Fortunately, public interest in corporate climate impact has fostered a robust, independent NGO-based reporting system that Spendwell can tap into and distill for publicly accessible, directly measurable and independently verified data points.
Two active climate accountability initiatives are currently reported by Spendwell and included in Spendwell’s initial climate impact value rankings:
- The Climate Group’s RE100 and EP100 programs focused on renewable energy consumption and efficiency, respectively, and
- The Science Based Targets initiative (SBTi), an independent corporate climate action commitment and measurement effort supported by CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature. SBTi is focused on renewable energy, near-term, and net-zero commitments and targets.
Both of these initiatives meet Spendwell’s value-ranking criteria and both demonstrate corporate climate commitment to action. Just as important, these initiatives represent two of the only cross-industry, independent climate change-reporting efforts active on a global scale.
The RE100, EP100 and SBTi initiatives require significant commitments to action by corporations and both involve rigorous, scientifically guided and independently approved goal- and target-setting. Both initiatives produce numerically comparative data points representing corporate commitment to positive climate impacts, level of positive impact attainment, and generally a time-frame for achieving those positive impacts. An approved RE100 commitment or an SBTi renewable electricity commitment consists of a target year for attaining 100% renewable energy consumption. EP100 commitments generally involve a target year, but this varies widely by company and industry. Similarly, an approved SBTi net-zero target consists of a target year for attaining net-zero. SBTi committed targets are assessed by SBTi to align with one of three levels of progressively positive climate impact: an impact level consistent with a “2 degrees Celsius” rise in global temperatures, a “well-below 2 C” rise, or a “1.5 C” or less rise. Points for ranking these complex commitments and targets are as follows:
Renewable Energy
Spendwell assigns a company 50 points for participation in the RE100 initiative or the SBTi renewable electricity target. Companies are awarded a point for each year a 100% renewable energy target is sooner than 2050. For example, if a company's RE100 target year is 2025, they will be awarded 25 bonus points. In the event a company has committed to both initiatives, Spendwell uses only the data from the initiative with the earliest target year.Energy Efficiency
Spendwell assigns a company 50 points for participation in the EP100 initiative, but because of the significant variation in target years depending on company, industry, and more, Spendwell does not award bonus points for target year nearness.Near-term
A company gets 25 points for committing to set near-term Science Based Targets. Spendwell does not count commitments to the SBTi version of Business Ambition for 1.5°C unless companies have already set targets. The Business Ambition for 1.5°C commitment initiative closed for commitments over 3 years ago. For more information, see SBTi's final report on its Business Ambition for 1.5°C program.- A company gets 25 points each for setting near-term Scope 1, 2 or 3 Science Based Targets.
- A company gets 50 points for setting Science-Based Targets that align with “2 degrees” of warming, 100 points for targets aligned with “well-below 2 degrees” of warming or 150 points for targets aligned with “1.5 degrees Celsius” of warming.
Net-zero
Companies committing to set net-zero targets with SBTi get 100 points and an additional 150 points when their net-zero targets are approved. Additionally, companies are awarded 5 points for each year a net-zero target is sooner than 2050. For example, if a company’s target year is 2040, they will be awarded 50 bonus points.Missed Deadlines & Removal
If a company, including its subsidiaries and overseas operations, misses an agreed to deadline for target verification or is removed from the Climate Group or SBTi's commitment list(s) for failure to set or reach approved targets, the company will lose 500 points and any points associated with previously made commitments and/or targets tied to the removed commitment. This includes companies that made Business Ambition for 1.5°C net-zero commitments, but failed to follow through with verification through SBTi. Certain companies, such as financial institutions and certain automobile industry companies, have been granted target setting extensions by SBTi. Spendwell does not currently penalize these companies for having missed target setting dates, but does not grant them commitment points. For more information on SBTi's exceptions, see SBTi's commitment compliance policy.Please note: when SBTi notified committed companies in early 2023 about the above compliance policy, SBTi also let companies rescind commitments. If a company made a commitment through the Business Ambition for 1.5°C program, Spendwell's ranking includes that original commitment whether or not it was rescinded during SBTi's commitment compliance policy notice period.
Fossil Fuel Companies
Companies Spendwell classifies as belonging to the fossil fuel industry with no active commitments or targets tracked by Spendwell, lose 500 points. For Spendwell, fossil fuel companies are those actively involved in the production or distribution of fossil fuels. Utilities that consume fossil fuels, but do not produce or distribute them in significant ways are not considered fossil fuel companies for Spendwell's rankings.
You can find out more about each of these independent, science-led climate initiatives through the following links:
The point system used in this ranking was developed by Spendwell in order to weight the importance of each commitment and target.
This ranking is currently focused on independently verifiable climate action commitments and targets. Future updates to this ranking will include measuring a company's transparency regarding its targets as well as demonstrated or verifiable action taken to make those commitments and targets, real and meaningful.
Ranking
rankings
For all Spendwell rankings, companies having the least negative impact on people and our planet, rank first. You can find details on how Spendwell ranks each value in the Methodology section of this report.
The ↗ symbol indicates a company ranked here links to its detailed company report.
Companies committing to more independently verifiable action to mitigate their negative impact on the climate rank higher.
- AstraZeneca has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- AstraZeneca has committed to the EP100 energy efficiency program.
- AstraZeneca has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- AstraZeneca has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2045
- Science Based Targets has assessed the commitments and targets set by AstraZeneca are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including AstraZeneca, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 650
- Vodafone has committed to 100% renewable electricity through both Science Based Targets and RE100 with the following target year used for this Spendwell ranking:2025
- Vodafone has not committed to the EP100 energy efficiency program.
- Vodafone has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Vodafone has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2040
- Science Based Targets has assessed the commitments and targets set by Vodafone are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Vodafone, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 625
- Coca-Cola Europacific Partners has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- Coca-Cola Europacific Partners has not committed to the EP100 energy efficiency program.
- Coca-Cola Europacific Partners has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Coca-Cola Europacific Partners has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2040
- Science Based Targets has assessed the commitments and targets set by Coca-Cola Europacific Partners are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Coca-Cola Europacific Partners, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 620
- GSK has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- GSK has not committed to the EP100 energy efficiency program.
- GSK has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- GSK has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2045
- Science Based Targets has assessed the commitments and targets set by GSK are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including GSK, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 600
- Tesco has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- Tesco has not committed to the EP100 energy efficiency program.
- Tesco has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Tesco has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2050
- Science Based Targets has assessed the commitments and targets set by Tesco are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Tesco, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 570
- Co-operative Group has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Co-operative Group has not committed to the EP100 energy efficiency program.
- Co-operative Group has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Co-operative Group has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2040
- Science Based Targets has assessed the commitments and targets set by Co-operative Group are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Co-operative Group, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 550
- Imperial Brands has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Imperial Brands has not committed to the EP100 energy efficiency program.
- Imperial Brands has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Imperial Brands has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2040
- Science Based Targets has assessed the commitments and targets set by Imperial Brands are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Imperial Brands, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 550
- John Lewis has not committed to 100% renewable electricity through Science Based Targets or RE100.
- John Lewis has not committed to the EP100 energy efficiency program.
- John Lewis has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- John Lewis has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2050
- Science Based Targets has assessed the commitments and targets set by John Lewis are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including John Lewis, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 500
- Sainsbury's has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Sainsbury's has not committed to the EP100 energy efficiency program.
- Sainsbury's has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Sainsbury's has set approved net-zero Science Based Targets with the following target year used for this Spendwell ranking:2050
- Science Based Targets has assessed the commitments and targets set by Sainsbury's are aligned with keeping the global climate change temperature increase to 1.5°C.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Sainsbury's, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 500
- Haleon has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Haleon has not committed to the EP100 energy efficiency program.
- Haleon has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Haleon are aligned with keeping the global climate change temperature increase to 1.5°C.
- Haleon has committed to setting net-zero Science Based Targets, but has yet to have any targets approved.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Haleon, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 350
- NatWest has committed to 100% renewable electricity through both Science Based Targets and RE100 with the following target year used for this Spendwell ranking:2025
- NatWest has not committed to the EP100 energy efficiency program.
- NatWest has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by NatWest are aligned with keeping the global climate change temperature increase to 1.5°C.
- NatWest committed to develop and verify net-zero Science Based Targets through the Business Ambition for 1.5°C program when SBTi has a developed net-zero standard for this sector. Companies with commitments that are more than two years old receive no points from Spendwell for this climate ranking, no matter the reason for target setting delay.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Companies like NatWest that have been granted extensions for net-zero target setting are noted as committed, but receive no points for this commitment. SBTi has not finalized its net-zero standards for this company's business sector or the company was granted an extension for other reasons.
Some corporations, including NatWest, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 325
- Reckitt Benckiser has committed to 100% renewable electricity through both Science Based Targets and RE100 with the following target year used for this Spendwell ranking:2030
- Reckitt Benckiser has not committed to the EP100 energy efficiency program.
- Reckitt Benckiser has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Reckitt Benckiser are aligned with keeping the global climate change temperature increase to 1.5°C.
- Reckitt Benckiser has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Reckitt Benckiser, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 320
- Aviva has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Aviva has not committed to the EP100 energy efficiency program.
- Aviva has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Aviva are aligned with keeping the global climate change temperature increase to 1.5°C.
- Aviva committed to develop and verify net-zero Science Based Targets through the Business Ambition for 1.5°C program when SBTi has a developed net-zero standard for this sector. Companies with commitments that are more than two years old receive no points from Spendwell for this climate ranking, no matter the reason for target setting delay.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Companies like Aviva that have been granted extensions for net-zero target setting are noted as committed, but receive no points for this commitment. SBTi has not finalized its net-zero standards for this company's business sector or the company was granted an extension for other reasons.
Some corporations, including Aviva, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 250
- Compass Group has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Compass Group has not committed to the EP100 energy efficiency program.
- Compass Group has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Compass Group are aligned with keeping the global climate change temperature increase to 1.5°C.
- Compass Group has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Compass Group is the parent of several constituent entities, operating globally. While some of these constituent operations have committed to net-zero targets, Compass Group as a parent company has not. Spendwell’s rankings represent either the commitments and targets of a parent company or the commitments and targets of the least climate-positive subsidiary.
Some corporations, including Compass Group, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 250
- Kingfisher has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Kingfisher has not committed to the EP100 energy efficiency program.
- Kingfisher has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Kingfisher are aligned with keeping the global climate change temperature increase to 1.5°C.
- Kingfisher has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Kingfisher, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 250
- Linde has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Linde has not committed to the EP100 energy efficiency program.
- Linde has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2
- Science Based Targets has assessed the near-term commitments and targets set by Linde are aligned with keeping the global climate change temperature increase to Well-below 2°C.
- Linde has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Linde, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 175
- Lloyds has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2020
- Lloyds has committed to the EP100 energy efficiency program.
- Lloyds has not committed to setting near-term targets with Science Based Targets.
- Lloyds has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Lloyds, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 130
- International Distributions Services has not committed to 100% renewable electricity through Science Based Targets or RE100.
- International Distributions Services has not committed to the EP100 energy efficiency program.
- International Distributions Services has committed to setting net-zero Science Based Targets, but has yet to have any targets approved. Net-zero commitments typically encompass near-term commitments as well.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*International Distributions Services is the parent company of Royal Mail. While Royal Mail has set both near and net-zero targets with SBTi, General Logistics Systems (GLS), International Distributions Services’s other major subsidiary, has only committed to near and net-zero targets without set targets. Spendwell’s rankings represent either the commitments and targets of a parent company or the commitments and targets of the least climate-positive subsidiary.
Some corporations, including International Distributions Services, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 125
- Anglo American has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- Anglo American has not committed to the EP100 energy efficiency program.
- Anglo American has not committed to setting near-term targets with Science Based Targets.
- Anglo American has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Anglo American, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 75
- Barclays has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- Barclays has not committed to the EP100 energy efficiency program.
- Barclays has not committed to setting near-term targets with Science Based Targets.
- Barclays has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Barclays, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 75
- HSBC has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- HSBC has not committed to the EP100 energy efficiency program.
- HSBC has not committed to setting near-term targets with Science Based Targets.
- HSBC has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including HSBC, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 70
- CNH Industrial has not committed to 100% renewable electricity through Science Based Targets or RE100.
- CNH Industrial has not committed to the EP100 energy efficiency program.
- CNH Industrial has not set near-term Science Based Targets, but has committed to doing so.
- CNH Industrial has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including CNH Industrial, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 25
- LyondellBasell Industries has not committed to 100% renewable electricity through Science Based Targets or RE100.
- LyondellBasell Industries has not committed to the EP100 energy efficiency program.
- LyondellBasell Industries has not set near-term Science Based Targets, but has committed to doing so.
- LyondellBasell Industries has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including LyondellBasell Industries, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 25
- Associated British Foods has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Associated British Foods has not committed to the EP100 energy efficiency program.
- Associated British Foods has not committed to setting near-term targets with Science Based Targets.
- Associated British Foods has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Associated British Foods, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Ferguson has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Ferguson has not committed to the EP100 energy efficiency program.
- Ferguson has not committed to setting near-term targets with Science Based Targets.
- Ferguson has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Ferguson, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- INEOS has not committed to 100% renewable electricity through Science Based Targets or RE100.
- INEOS has not committed to the EP100 energy efficiency program.
- INEOS has not committed to setting near-term targets with Science Based Targets.
- INEOS has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including INEOS, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Prudential plc has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Prudential plc has not committed to the EP100 energy efficiency program.
- Prudential plc has not committed to setting near-term targets with Science Based Targets.
- Prudential plc has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Prudential plc, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Rio Tinto has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Rio Tinto has not committed to the EP100 energy efficiency program.
- Rio Tinto has not committed to setting near-term targets with Science Based Targets.
- Rio Tinto has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Rio Tinto, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Rolls-Royce Holdings has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Rolls-Royce Holdings has not committed to the EP100 energy efficiency program.
- Rolls-Royce Holdings committed to develop and verify net-zero Science Based Targets through the Business Ambition for 1.5°C program when SBTi has a developed net-zero standard for this sector. Companies with commitments that are more than two years old receive no points from Spendwell for this climate ranking, no matter the reason for target setting delay.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Companies like Rolls-Royce Holdings that have been granted extensions for net-zero target setting are noted as committed, but receive no points for this commitment. SBTi has not finalized its net-zero standards for this company's business sector or the company was granted an extension for other reasons.
Some corporations, including Rolls-Royce Holdings, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Swire has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Swire has not committed to the EP100 energy efficiency program.
- Swire has not committed to setting near-term targets with Science Based Targets.
- Swire has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Swire, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: 0
- Deloitte has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- Deloitte has committed to the EP100 energy efficiency program.
- Deloitte has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Deloitte are aligned with keeping the global climate change temperature increase to 1.5°C.
- Deloitte committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Deloitte committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because Deloitte does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including Deloitte, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -130
- BT has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2020
- BT has not committed to the EP100 energy efficiency program.
- BT has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by BT are aligned with keeping the global climate change temperature increase to 1.5°C.
- BT committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*BT committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because BT does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including BT, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -170
- EY has committed to 100% renewable electricity through both Science Based Targets and RE100 with the following target year used for this Spendwell ranking:2025
- EY has not committed to the EP100 energy efficiency program.
- EY has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by EY are aligned with keeping the global climate change temperature increase to 1.5°C.
- EY committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*EY committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because EY does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including EY, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -175
- WPP has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- WPP has not committed to the EP100 energy efficiency program.
- WPP has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by WPP are aligned with keeping the global climate change temperature increase to 1.5°C.
- WPP committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including WPP, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -175
- Diageo has committed to 100% renewable electricity through both Science Based Targets and RE100 with the following target year used for this Spendwell ranking:2030
- Diageo has not committed to the EP100 energy efficiency program.
- Diageo has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Diageo are aligned with keeping the global climate change temperature increase to 1.5°C.
- Diageo committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Diageo, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -180
- PWC has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- PWC has not committed to the EP100 energy efficiency program.
- PWC has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by PWC are aligned with keeping the global climate change temperature increase to 1.5°C.
- PWC committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*PWC committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because PWC does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including PWC, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -180
- Unilever has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2030
- Unilever has not committed to the EP100 energy efficiency program.
- Unilever has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Unilever are aligned with keeping the global climate change temperature increase to 1.5°C.
- Unilever committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Unilever, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -180
- British American Tobacco has not committed to 100% renewable electricity through Science Based Targets or RE100.
- British American Tobacco has not committed to the EP100 energy efficiency program.
- British American Tobacco has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by British American Tobacco are aligned with keeping the global climate change temperature increase to 1.5°C.
- British American Tobacco committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including British American Tobacco, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -250
**Spendwell categorizes National Grid as a utility that plays an active role in the production or distribution of fossil fuels. However, SBTi does not categorize National Grid as a fossil fuel company. Read more about SBTi's fossil fuel industry categorization by following this link.
- National Grid has not committed to 100% renewable electricity through Science Based Targets or RE100.
- National Grid has not committed to the EP100 energy efficiency program.
- National Grid has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by National Grid are aligned with keeping the global climate change temperature increase to 1.5°C.
- National Grid committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including National Grid, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -250
**Spendwell categorizes SSE as a utility that plays an active role in the production or distribution of fossil fuels. However, SBTi does not categorize SSE as a fossil fuel company. Read more about SBTi's fossil fuel industry categorization by following this link.
- SSE has not committed to 100% renewable electricity through Science Based Targets or RE100.
- SSE has not committed to the EP100 energy efficiency program.
- SSE has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by SSE are aligned with keeping the global climate change temperature increase to 1.5°C.
- SSE committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including SSE, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -250
- Bunzl has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Bunzl has not committed to the EP100 energy efficiency program.
- Bunzl has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Bunzl are aligned with keeping the global climate change temperature increase to Well-below 2°C.
- Bunzl committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Bunzl committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because Bunzl does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including Bunzl, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -300
- Johnson Matthey has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Johnson Matthey has not committed to the EP100 energy efficiency program.
- Johnson Matthey has set near-term Science Based Targets covering the following GHG Protocol scopes:scope 1scope 2scope 3
- Science Based Targets has assessed the near-term commitments and targets set by Johnson Matthey are aligned with keeping the global climate change temperature increase to Well-below 2°C.
- Johnson Matthey committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Johnson Matthey committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because Johnson Matthey does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including Johnson Matthey, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -300
- Standard Chartered has set a 100% renewable energy target through RE100 with the following target year used for this Spendwell ranking:2025
- Standard Chartered has not committed to the EP100 energy efficiency program.
- Standard Chartered committed to set near-term targets with SBTi, but did not set them by their agreed-to target setting date. Standard Chartered was subsequently removed from SBTi's commitment list.
- Standard Chartered has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Standard Chartered, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -425
- BAE has not committed to 100% renewable electricity through Science Based Targets or RE100.
- BAE has not committed to the EP100 energy efficiency program.
- BAE committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*BAE committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because BAE does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including BAE, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
Read more about SBTi's fossil fuel industry categorization by following this link.
- BP has not committed to 100% renewable electricity through Science Based Targets or RE100.
- BP has not committed to the EP100 energy efficiency program.
- BP has not committed to setting near-term targets with Science Based Targets.
- BP has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including BP, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
Spendwell categorizes Centrica as a utility that plays an active role in the production or distribution of fossil fuels. However, SBTi may or may not also categorize Centrica as a fossil fuel company. If SBTi does consider Centrica a fossil fuel company, the exclusion note above applies. Read more about SBTi's fossil fuel industry categorization by following this link.
- Centrica has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Centrica has not committed to the EP100 energy efficiency program.
- Centrica has not committed to setting near-term targets with Science Based Targets.
- Centrica committed to set near-term Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment.
- Centrica has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
*Centrica committed to setting targets with SBTi through the Business Ambition for 1.5°C program, but has yet to set them. Because Centrica does not have an extension noted with SBTi, Spendwell scores this failure to set targets the same as any removed commitment.
Some corporations, including Centrica, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
Read more about SBTi's fossil fuel industry categorization by following this link.
- EG Group has not committed to 100% renewable electricity through Science Based Targets or RE100.
- EG Group has not committed to the EP100 energy efficiency program.
- EG Group has not committed to setting near-term targets with Science Based Targets.
- EG Group has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including EG Group, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
Read more about SBTi's fossil fuel industry categorization by following this link.
- Greenergy has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Greenergy has not committed to the EP100 energy efficiency program.
- Greenergy has not committed to setting near-term targets with Science Based Targets.
- Greenergy has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Greenergy, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
- IAG (British Airways) has not committed to 100% renewable electricity through Science Based Targets or RE100.
- IAG (British Airways) has not committed to the EP100 energy efficiency program.
- IAG (British Airways) committed to develop and verify net-zero Science Based Targets by 2024-01-31 through the Business Ambition for 1.5°C program, but did not follow through with this commitment and was removed from SBTi's commitments list.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including IAG (British Airways), might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
Read more about SBTi's fossil fuel industry categorization by following this link.
- Shell has not committed to 100% renewable electricity through Science Based Targets or RE100.
- Shell has not committed to the EP100 energy efficiency program.
- Shell has not committed to setting near-term targets with Science Based Targets.
- Shell has not made a commitment to net-zero with Science Based Targets.
- Phase II: Measuring the transparency of a company's climate commitments.
- Phase III: Measuring the action a company is taking to fulfill its climate commitments.
Some corporations, including Shell, might report achieving positive climate impacts above and beyond those covered by the Science Based Targets and RE100 initiatives. Those claims are not reported here as they are not independently verifiable and/or they are not comparable commitments and achievements across this industry or sector. See the Methodology section of this report for more information about how Spendwell develops this ranking and how future considerations will qualify for inclusion.
Raw Spendwell climate score: -500
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