Key finding
Smoke and mirrors: companies are deflecting attention from their inaction and ineffective climate strategies
Too many of the 100 companies deploy smoke-and-mirrors tactics to divert attention from their inaction and avoid accountability. They report that climate change is managed by boards, but only five out of the 100 are found to have the needed expertise. Companies’ current climate change strategies are largely ineffective. And rather than rising to the challenge, they are using a lack of transparency and arms-length lobbying through trade associations to undermine climate action.