Evaluating corporate target setting in the Netherlands
Summary
An assessment of 29 Dutch companies and financial institutions finds that none achieved high or reasonable integrity ratings for their climate targets. The 21 businesses assessed commit to an average emission reduction of 19%, falling short of the 50% reduction by 2030 needed for a 1.5°C pathway. None of the companies have publicly accessible, Paris-compatible decarbonisation plans, and the eight financial institutions reviewed continue to finance fossil fuel value chains and unsustainable agriculture.
Key insights
- None of the 29 assessed Dutch companies and financial institutions 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 integrity rating, while the majority were categorized as low or very low. Among the financial institutions, seven received a low rating, and Atradius received a very low rating because it provided no climate targets or plans.
- The 21 assessed companies have an average emission reduction commitment of 19% (median 10%), which fails to meet the collective goal of halving emissions by 2030 to limit global temperature rise to 1.5°C. While most pledge net-zero emissions after 2030, only two explicitly commit to reducing value chain emissions by at least 90%.
- No assessed company provided concrete, publicly accessible emission reduction plans aligned with a Paris-compatible decarbonisation pathway. Current plans are either insufficient for deep reductions or ignore key emission sources, and some companies continue to lobby for the expansion of carbon-intensive infrastructure.
- 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. They all require more targeted approaches to engage companies in shifting toward Paris-aligned business models.
Cite the original document
- 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} }
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