US companies are maintaining climate commitments while trimming their messaging about it, as they walk a tightrope between competing pressures on the environment, research shows.
An exclusive analysis shared with the Financial Times from Farient Advisors, which reviewed sustainability disclosures, Securities and Exchange Commission filings and company announcements, found 71 per cent of the 50 largest US companies by market capitalisation have remained committed to their climate goals. Twenty per cent have delayed or decreased their commitments, while 8 per cent have increased them.
Yet many of the companies that remain committed to climate goals have nonetheless not published sustainability updates about their efforts, in a sign of their reticence over how they talk about it publicly.