Evaluating corporate target setting in the Netherlands

An assessment of 29 Dutch companies and financial institutions reveals that none achieved a high or reasonable integrity rating for their climate targets. The 21 'real economy' businesses commit to an average emission reduction of only 19% by 2030, failing to meet the 50% reduction needed for a 1.5°C pathway. None of the assessed companies provided concrete, publicly accessible plans aligned with the Paris Agreement, and all eight financial institutions continue to finance fossil fuel value chains.

• None of the 29 assessed entities achieved a high or reasonable integrity rating for their climate target setting and implementation. Only five companies—AkzoNobel, BAM Group, DSM, Stellantis, and Tata Steel Netherlands—attained a moderate rating, while the majority fell into low or very low categories. Among financial institutions, seven were rated as low integrity, and Atradius was rated very low because it provided no targets or plans.
• The 21 assessed businesses in the 'real economy' have insufficient short-term targets, committing to an average emission reduction of 19% (median 10%), which is significantly lower than the 50% reduction required by 2030 to limit global warming to 1.5°C.
• There is a lack of transparency and ambition regarding long-term targets and implementation. Only two companies explicitly commit to reducing value chain emissions by at least 90%, and no company presented a concrete, publicly accessible emission reduction plan that aligns with a Paris-compatible decarbonisation pathway.
• The eight reviewed financial institutions lack comprehensive engagement or exclusion policies and continue to provide direct or indirect financing for fossil fuel value chains and other harmful activities, such as unsustainable agriculture.

APA

NewClimate Institute (2022). Evaluating corporate target setting in the Netherlands. http://www.newclimate.org/resources/publications/evaluating-corporate-target-setting-in-the-netherlands

Chicago

NewClimate Institute. Evaluating corporate target setting in the Netherlands. 2022. http://www.newclimate.org/resources/publications/evaluating-corporate-target-setting-in-the-netherlands.

Wikipedia

{{cite report |author=NewClimate Institute |title=Evaluating corporate target setting in the Netherlands |date=5 July 2022 |url=http://www.newclimate.org/resources/publications/evaluating-corporate-target-setting-in-the-netherlands |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2022evaluating, author = {{NewClimate Institute}}, title = {{Evaluating corporate target setting in the Netherlands}}, institution = {NewClimate Institute}, year = {2022}, month = jul, url = {http://www.newclimate.org/resources/publications/evaluating-corporate-target-setting-in-the-netherlands}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }