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The carbon emissions reduction targets of a group of the biggest listed companies are too weak collectively, meaning they are failing to play their part in preventing the most devastating impacts of global warming, a report on Tuesday showed. A study of 51 companies by the non-profit NewClimate Institute and Carbon Market Watch found they had committed to reducing their emissions by 30% by 2030, on average, against the 43% needed to limit global warming to 1.5 degrees Celsius (2.7 Fahrenheit) by 2050. "Four years into the critical decade for action on climate change, some companies have understood the need to set 2030 targets that are aligned with the latest climate science and substantiated by credible measures to achieve them," NewClimate Institute's Frederic Hans said.

Barbara lewisSimon jessopGloria dickieBenja faecksNewclimate instituteNewclimate institute frederic hansHm groupCarbon market watchClimate instituteFrederic hansNationally determined contributionsClimate responsibility monitor