There has been little overall improvement among net-zero plans of companies that claim to be climate leaders, a report says
The climate plans of major companies continue to fall short—but there are some bright spots.little improvement over the last year
The Corporate Climate Responsibility Monitor 2023 published Monday found that the combined net-zero pledges of 24 industry-leading companies would reduce their total greenhouse-gas emissions by 36% by their respective target years, typically 2040 or 2050, compared with the at least 90% emission reductions needed.
The gap is particularly stark as these businesses are part of the U.N.-backed Race to Zero campaign. Responsible for 4% of global greenhouse-gas emissions, they span eight sectors including automobiles, fashion, food and technology and have combined yearly revenue of more than $3 trillion. The analysis was done by nonprofits NewClimate Institute and Carbon Market Watch.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Greta Thunberg's 'The Climate Book' urges world to keep climate justice out frontGreta Thunberg’s ‘The Climate Book’ pulls together essays from over 100 scientists and activists to lay out exactly how it's clear that the climate crisis is happening — and to offer actionable solutions.
Read more »
Ohio Train Derailment Reveals Danger of Plastics Boom and Corporate Cost-CuttingIndustry lobbyists have successfully blocked strict safety regulations on trains carrying toxic vinyl chloride. (via grist)
Read more »
Corporate 'Woke-A-Meter': Report reveals companies at highest risk of 'woke capitalism'1792 Exchange President Paul Fitzpatrick explained how consumers hold 'incredible power' to counter the 'woke' capitalism trend in corporate America
Read more »
Super Bowl LVII: Eagles, Chiefs, Rihanna and tons of corporate ads take center stageNFL heavyweights the Kansas City Chiefs and the Philadelphia Eagles face off in Super Bowl LVII at 6:30 p.m. ET on Fox.
Read more »
New SEC Rules Target Corporate Insider TradingNew SEC rules aim to close many of the loopholes that allowed corporate executives to evade insider-selling rules
Read more »
Why some corporate leaders continue to invest in losing venturesJan. 30, 2 p.m. I have a long-time friend. He is facing the classic rock and a hard place.
Read more »