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Corporate Net-Zero Targets Rise by 40% in 16 Months, but Ambitions Must Improve

The Net Zero Tracker reveals a 40% increase in corporate net-zero targets in 16 months, reaching 1,003. However, there is a lack of ambition in tackling Scope 3 emissions and relying on low-quality offset credits.

The deafening silence of climate inaction

The deafening silence of climate inaction
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OPINION - The deafening silence of climate inaction

OPINION - The deafening silence of climate inaction
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Corporate net-zero targets now corporate norm but credibility remains low, finds report

More than 900 of the world's largest publicly listed companies have set net-zero targets, covering $26.4tn of annual revenue, according to Net Zero Tracker. However, its latest report found only 4% would meet the minimum requirements for alignment with the UN-backed Race to Zero campaign, while fossil fuel companies' net-zero targets were dubbed 'largely meaningless'.

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