Less than 1% of companies producing credible net-zero transi

Less than 1% of companies producing credible net-zero transition plans, says CDP tracker

CDP has launched an open-source digital tracker covering all climate-reporting companies. Results suggest weak transition planning globally, with only 60% of firms having emissions targets, and 40% of them having none. Less than 1% of the companies have net-zero transition plans regarded as credible. Among the FTSE100, just four out of 91 disclose transition plans with all key facets; global average transition plan production is 1%. CDP calls the gap between ambition and delivery worrying and has made their tracker publicly accessible.

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