Our climate action progress
The City of London Corporation is committed to transparently reporting progress and actions towards our net zero targets and climate resilience since the adoption of the Climate Action Strategy in October 2020.
Each year, we publish a comprehensive report on emissions reductions and progress towards our targets, verified through an independent audit.
On this page, you can explore our Climate Action Performance Dashboard, annual progress report, and external recognition.
Dashboard
Stay up to date on our latest progress with the Climate Action Performance Dashboard - an interactive tool that visualises our data, making it easy to explore and understand.
We track over 60 key performance indicators (KPIs) across 13 projects delivering the Strategy, covering areas such as energy consumption and the number of fund managers with science-based targets. It also shows our annual emissions reductions as we work towards our 2027 and 2040 net zero targets.
View the integrated Dashboard below, or open the dashboard in a separate tab.
If you use a smartphone, we recommend you use a horizontal view. We have worked hard to make the Dashboard accessible but if you experience any issues, contact the Climate Action Team for the information in a different format.
Progress report
Read our 2024 progress report highlighting our latest achievements, challenges, and lessons learned during the third year of the Strategy. You can find previous progress reports at the bottom of this page for a full picture of our ongoing efforts.
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What will you find in the 2024 climate action progress report?
This report sets out our performance between April 2023 and March 2024 on our journey towards 2027 and 2040 net zero and climate resilience targets.
The report outlines progress to date in:
- Reduction: the City Corporation cut net carbon emissions by 65% in our own operations since the 2018/19 baseline, and achieved a 23% reduction in net carbon emissions across our entire value chain (including investments and supply chain).
- Resilience: a series of projects and programmes are underway, tackling climate risks such as extreme heat or flooding. They have been designed to help protect our buildings, streets, and open spaces now and in the future.
- Engagement: the City Corporation has been increasing and strengthening engagement with our value chain and partners across the Square Mile to accelerate emissions reductions and achieve net zero by 2040.
How do we measure progress?
Data is fundamental to measuring progress. To monitor and measure our progress to net zero, we conduct a yearly carbon footprint assessment of all the City Corporation's carbon emissions (Scopes 1, 2, and 3).
Since 2021, our data has been verified annually by Achilles against best practice international standards. The City Corporation is one of the first local authorities to have achieved assurance over its full value chain emissions, including financial investments, demonstrating the robustness of our reporting.
We have identified a range of key performance indicators (KPIs) covering our own operations, our value chain (what we buy, sell, invest and lease to others), the Square Mile, and our climate resilience initiatives. The key to tracking progress is the regular and consistent monitoring of these indicators over time.
Recognition
In November 2023, the City of London was recognised by environmental non-profit organisation, Carbon Disclosure Project (CDP), as one of just 119 cities worldwide taking bold bold leadership in environmental action and transparency, making it to their A list.
Of the 939 cities assessed by CDP in 2023, only 13% received an A rating. To score an A, a city must disclose publicly through CDP, have a city-wide emissions inventory and have published a climate action plan. It must also complete a climate risk and vulnerability assessment and have a climate adaptation goal to demonstrate how it will tackle climate hazards.
We encourage everyone in the Square Mile and beyond to help us deliver our Climate Action Strategy. Please contact the Climate Action Team if you have any comments.