Specific methodologies and assumptions for the quantification of the selected initiatives

The effect of company initiatives was quantified based on the individual targets of the companies. Quantifying the effect of every company initiative individually was not possible within the timescale of this study, so we took an approach in which we randomly selected 50 companies and used their weighted average emission reductions in 2020, compared to BAU, as representative of the achievement of all companies in the initiatives. For the randomly selected 50 companies, we based BAU on the emissions from the year in which the commitment was made. These emissions were not available for the full list of companies, so when applying the weighted average emission reductions, we used 2013 GHG emissions to calculate business-as-usual.

Sustainable Development Goals:

Climate Action