Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government what assessment they have made of the effectiveness of corporate Environmental, Social and Governance targets in reducing global emissions.
Evidence from DESNZ analysis and evaluations, including the evaluation of the Streamlined Energy and Carbon Reporting framework, suggests that well-designed climate and ESG disclosures can strengthen corporate governance, improve monitoring and management of emissions, and support firms to identify and implement emissions reduction measures. The Government therefore supports approaches that promote credible, science-based targets and transition planning.