Tuesday, 8 February 2022

World's biggest companies accused of exaggerating their climate actions

World's biggest companies accused of exaggerating their climate actions

The climate pledges of the world’s largest companies plan to reduce absolute carbon emissions by just 40% on average, not 100% as suggested by their net-zero claims, according to a study of 25 corporations. The analysis, published Monday by non-profit organizations NewClimate Institute and Carbon Market Watch, found the headline climate pledges of most major multinational firms cannot be taken at face value.

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