Large companies are either more likely to contribute to extreme levels of warming or are not disclosing their greenhouse gas emissions at all, according to a new report from ESG Book, seen by CNN. The leading sustainability data provider found that the efforts of just 22% of the world’s 500 biggest public companies by market value are aligned with the Paris Agreement, aimed at limiting global warming to 1.5 degrees Celsius above pre-industrial levels.
This is particularly important for oil and gas firms as most of their emissions are generated from the burning of their products such as gasoline and jet fuel. In the UK, India and the EU, the number of companies with emission reduction targets aligned with the Paris Agreement has barely budged since 2018. Progress in the United States and China has been better, although off a lower base. In the United States, 20% of companies are Paris-aligned, up from 11% in 2018.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
CNN Chairman and CEO Chris Licht is out | CNN BusinessCNN chairman and chief executive officer Chris Licht is leaving the network, according to a person with direct knowledge of the matter
Weiterlesen »
US venture capital titan Sequoia to split off China business amid tension with Beijing | CNN BusinessVenture capital titan Sequoia is splitting its business into three independent partnerships, each with separate brands. The Silicon Valley-based firm’s expansive investments in China will become their own unit.
Weiterlesen »