The World Business Council for Sustainable Development (WBCSD) and freuds have partnered to create The Climate Confidence Barometer, a benchmark to measure climate confidence of the global business community.
The Barometer calculates how confident a sample of the global business community is in the world’s ability to combat climate change. The results in this report are based on responses from a number of WBCSD members. WBCSD’s membership base is made up of world-leading businesses that represent a combined revenue of more than USD $8.5 trillion and 19 million employees.
In advance of COP26, the Barometer provides a valuable indication of how much progress has been made and the barriers still to be overcome. The Barometer reveals that global business believes that it can provide the necessary leadership for the world to tackle climate change, with nearly all businesses surveyed in the WBCSD membership (98%) confident that their own business was going to meet net-zero targets by 2050.