"Most of World's Biggest Firms 'Unlikely' To Meet Paris Climate Targets"

"Only a fifth of the companies will remain on track, according to analysis of their disclosures"

"More than four fifths of the world’s largest companies are unlikely to meet the targets set out in the Paris climate agreement by 2050, according to fresh analysis of their climate disclosures.

A study of almost 3,000 publicly listed companies found that just 18% have disclosed plans that are aligned with goals to limit rising temperatures to 1.5C of pre-industrialised levels by the middle of the century.

The report covers companies across the global economy and was undertaken by investment data provider Arabesque S-Ray which assigned each company a temperature score based on its publicly disclosed plans."

Jillian Ambrose reports for the Guardian September 23, 2019.

Source: Guardian, 09/24/2019