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Companies Pledge Net Zero Emissions

This is a news story, published by Yahoo, that relates primarily to The Paris Agreement news.

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climate commitments

The Conversation

The Conversation

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Companies are still committing to net-zero emissions, even if it’s a bumpy road – here’s what the data show

The Conversation

Summary

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87% Informative

The Paris Agreement aims to limit global warming to well below 2 degrees Celsius .

Meeting the more ambitious target of 1.5 C will require reaching net-zero greenhouse gas emissions by 2050 .

The Science Based Targets initiative, developed alongside the Paris Agreement in 2015 , provides a framework to help companies align their efforts with the goal.

Analysis of SBTi’s progress data reveals companies are cutting their emissions by a median annual rate of 5.4% .

Looking just at direct emissions from companies’ operations (Scope 1) and their purchased electricity (Scope 2 ) companies did even better.

Scope 2 emissions are the low-hanging fruit and align with cost-saving measures like improving energy efficiency.

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English

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Source diversity

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theconversation.com blogs.microsoft.com www.drawdowngabusiness.org sustainabilitymag.com sciencebasedtargets.org netzeroclimate.org www.drawdownga.org www.gettyimages.com www.spglobal.com www.aboutamazon.com scholar.google.com docs.sbtiservices.com www.esgdive.com www.epa.gov unfccc.int

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