Opinion: Canada’s companies are the worst in the G7 for disclosure on emission reduction targets

The richest countries make the most noise about trying to avoid the worst consequences of climate change. As they prepare for the next global climate conference, it’s clear they are coming up short on setting targets to achieve that.

“It’s obviously not ambitious enough. While this is happening, and COP27 is coming around the corner, the ambition needs to be accelerated in some way,” said Pratima Divgi, head of capital markets at CDP, which was formerly known as the Carbon Disclosure Project. But European companies have been leading the way in disclosing emission-reduction targets. Germany and Italy are at the front of the pack, with goals that pass muster with the Science-Based Targets initiative , a group that works to define the amount of greenhouse-gas reductions necessary to meet the Paris goal.

Canada is at the back of the pack, behind the United States, with corporate disclosure among 297 companies suggesting an increase of 3.1 degrees, according to CDP’s country-level numbers. Just 9 per cent of corporate emissions are covered by publicly announced targets, and only 4 per cent by targets that meet SBTi standards.

That could mean Canada’s numbers will improve in the coming years, as companies finalize baseline data before setting their goals, and as Canadian climate regulation is tightened. Globally, the newly created International Sustainability Standards Board stands to beef up disclosure, and targets, everywhere.

LDRs/bureaucrats have been finding ways to take more power from the PPL for eons using fear.. Climate hoax didnt stick over past decades b/c PPL were taught history & fake news didnt have a platform.. The last generation wasnt taught about hoaxes? Same ones still doing it..

globebusiness So what?

And yet Trudeau targets the hard working class

Finally some good news. Don't conform to the Globalist agenda.

Legit question...plants grow larger in CO2 rich environments...if our CO2 levels are so 'bad' why aren't our plants, trees, grass growing bigger?

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Government emissions targets for fertilizer use unrealistic, industry report argues - BNN BloombergA new industry-led report suggests Canada's farmers can likely only achieve half of the federal government's targeted 30 per cent reduction in fertilizer emissions by 2030. Stop playing games with the countries food supply.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Government emissions targets for fertilizer use unrealistic, industry report argues | CBC NewsA new industry-led report suggests Canada's farmers can likely only achieve half of the federal government's targeted 30 per cent reduction in fertilizer emissions by 2030. Trudeau and Guilbeault make decisions on ideology rather than facts. They also seem to care less about industries outside of central CANada
Source: CBCCalgary - 🏆 78. / 51 Read more »