Almost all start-ups claim that ESG is one of their core values, but how many of them can accurately say what their regulatory requirements are in relation to ESG? Most of the pronouncements you see seem more like a communications exercise rather than a regulatory one. As ESG transitions towards a matter of law and compliance, a lack of detail and focus could have very serious consequences.
According to The Net Zero Tracker, a consortium project run by the Energy and Climate Intelligence Unit (ECIU), the Data-Driven EnviroLab (DDL), NewClimate Institute and Oxford Net Zero, there are 30 countries that have enshrined a target for net zero emissions by 2050 in law, and many more are expected to adopt similar legislation soon. Thus far, only Bhutan and Suriname have been reported to have reached this target.
