Companies are crucial to solving the climate crisis. 75% are falling short

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Less than a quarter of the world's big public companies are doing their part to address the climate crisis, according to new research highlighting the shortcomings of corporate climate pledges

In an analysis published on Thursday, sustainable finance firm Arabesque assigned companies in 14 of the world's largest stock indexes a"temperature score" based on publicly reported emissions data between 2015 and 2019.It found that less than 25% of companies are on track to achieve the goals of the Paris agreement by 2050, which aims to limit the global temperature increase to 1.5 degrees Celsius.

That's an improvement on 2014, but"has yet to translate into corporate climate action at scale," said Rebecca Thomas, who led the research."While overall progress is encouraging, a lot more needs to be done to keep the 1.5-degree goal within reach," she added.Putting a price on carbonThe report coincides with the start of a two-day virtual summit on the climate crisis convened by US President Joe Biden, which dozens of world leaders are expected to attend.

 

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Then it's time they were made to what's wrong with them can't they see what's happening to the climate , around the world disaster after disaster with each year worse than the last its causing more damage and killing more people , you'd have to be blind not to see it happen

Companies buying CARBON CREDITS is NOT DOING their part. One of the biggest scams is Carbon Credits. So why doesn't CNN do a story and blast it in the media daily as they do with COVID19 about CARBON CREDITS? Explain to all Americans what CARBON CREDITS are all about? WHY NOT?

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