Project description
Measuring the private sector’s climate commitments and actions
The private sector has enormous capacity for climate investment and innovation, but companies also produce a large share of carbon emissions. A major challenge is the gap between what firms promise on climate and what they actually deliver. Greater transparency in corporate climate reporting is essential for real progress. The ERC-funded CLIMATE-edGE project addresses this by developing an extensive database covering 35 major economies and leveraging machine-learning tools to address the following questions: under what conditions do corporate climate commitments translate into measurable action? Which companies are truly walking the climate talk? The research will help make climate regulations more effective and help drive climate-aligned investments as well as private-sector climate innovations.
Objective
Proposal Summary:
The private sector plays a crucial yet complex role in the climate transition. While responsible for a significant portion of global greenhouse gas emissions, it also holds vast investment capital and innovative potential. CLIMATE-edGE will address a critical question: Under what conditions do private sector climate commitments translate into measurable actions, and what factors determine whether firms and sectors are effectively aligning their climate promises with actual performance? By examining publicly traded firms in the EU/EEA, the UK, and the US, the research will uncover complex relationships between climate commitments (climate talk) and climate performance (climate walk), in turn reflecting on the impact of regulatoryThe private sector plays a crucial yet complex role in the climate transition. While responsible for a significant portion of global greenhouse gas emissions, it also holds vast investment capital and innovative potential. CLIMATE-edGE will address a critical question: Under what conditions do private sector climate commitments translate into measurable actions, and what factors determine whether firms and sectors are effectively aligning their climate promises with actual performance? By examining publicly traded firms in the EU/EEA, the UK, and the US, the research will uncover complex relationships between climate commitments (climate talk) and climate performance (climate walk), in turn reflecting on the impact of regulatory measures aimed at advancing climate efforts in the green economy. This project will break from traditional approaches by developing a novel database which will contain the full universe of climate commitment and performance data; it will then apply data transformation techniques to enhance interoperability of these data and, finally, it will conduct both advanced econometric and machine-learning analyses to uncover hitherto hidden and latent patterns in the private sector’s climate talk-walk efforts.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.1.1 - European Research Council (ERC)
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Topic(s)
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Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
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Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-ERC - HORIZON ERC Grants
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Call for proposal
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Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) ERC-2025-STG
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00198 Roma
Italy
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