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Ottilia Henningsson

Environmentally Sound and Financially Rewarding? Key Findings From an Exploratory Study on the Science Based Targets Initiative (SBTi)

June 30, 2022 By Kristjan Jespersen, Milena Bär, Ottilia Henningsson

The Science-Based Targets initiative aligns firms’ emission reduction targets with a net-zero emissions pathway. Firm commitment yields significant abnormal returns which are larger for firms committed to larger emission reductions and for high-emitting firms. The IPCC’s sixth assessment established a code red for humanity and provided mounting evidence of widespread, rapid, and intensifying climate change. The Paris […]

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