Brazilian companies participating in the UN Global Compact have increased their commitment to reducing national net greenhouse gas emissions, setting a cap of 1.2 GtCO₂e by 2030. This new target replaces the previous goal, which requested a reduction of 2 Gt without a specific ceiling for collective emissions. The adjustments come in observance of National Climate Change Awareness Day, celebrated on March 16.

The revised objectives include a requirement for companies to conduct annual greenhouse gas inventories, aiming to publish comprehensive data on emissions that encompass the entire value chain. Furthermore, it is recommended that these emissions reports be subject to third-party verification to ensure transparency and accountability. This shift towards a more rigorous approach emphasizes the importance of quantifying emissions accurately and promoting corporate responsibility in environmental matters.

Additionally, the new commitments encourage companies to factor in the social impact of their decarbonization plans, which aims to create job opportunities for workers and communities adversely affected by climate initiatives. This holistic approach not only addresses environmental targets but also seeks to balance economic and social factors, underlining the significance of sustainable development in Brazil’s corporate landscape.