More companies setting 'net-zero' climate targets, but few have credible plans, report says

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A growing number of companies are pledging to cut their greenhouse gas emissions to ' net zero ' as part of global efforts to tackle climate change, but that goal is rarely supported by a credible plan, according to a report published Monday.

"as part of global efforts to tackle climate change, but that goal is rarely supported by a credible plan, according to a report published Monday.preventing the emissions

The net-zero goal has gained traction in recent years. While 149 countries have such targets, up from 124 in late 2020, the number of publicly listed corporations aiming for net zero increased from 417 to 929, according to the Net Zero Stocktake report compiled by experts from four independent research organizations.

Unlike with national targets, the criteria for net-zero efforts at the sub-national or company level aren't clearly defined.

 

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