Correction to: Nature Sustainability https://doi.org/10.1038/s41893-020-00669-0, published online 4 January 2021.

In the version of this Article originally published, in the third sentence of the abstract, the value ‘80’ should have been ‘80,000’.

The sentence ‘We construct and analyse a firm-level database covering nearly 80 observations and use scenario simulations to estimate the co-benefits.’ was corrected to ‘We construct and analyse a firm-level database covering nearly 80,000 observations and use scenario simulations to estimate the co-benefits.’