, dozens of major international companies are failing to reduce their greenhouse gas emissions at the pace required to slow climate change, a report said Tuesday.
These allow businesses to offset their emissions by directing money toward a project that reduces or avoids emissions, such as protecting forests. It said Enel and Iberdrola had increased their renewable energy capacity, notably solar and wind, but both could set more ambitious timeframes for achieving net-zero emissions.Meanwhile, the fashion industry was singled out for being"ambiguous" in how it would reach its targets.