Does it pay to be science‐based green? The impact of science‐based emission‐reduction targets on corporate financial performance

Does it pay to be science‐based green? The impact of science‐based emission‐reduction targets on corporate financial performance Abstract The number of companies with highly ambitious carbon emission targets is increasing rapidly. So‐called science‐based emission‐reduction targets (SBTs) are aligned with the aim of the Paris Climate Agreement to limit global warming to below 2°C and preferably to 1.5°C. These voluntary corporate emission targets are substantially more challenging than companies...