G7 firms failing on Paris climate goals, despite EU lead

Euractiv | Sep 6, 2022 at 1:03 PM
  • Climate goals adopted by businesses in G7 countries show the 1.5C warming target of the Paris Agreement is “currently unachievable”.
  • The best-performing companies are those that sign up for the Science-Based Targets Initiative (SBTi), a programme for corporate climate action spearheaded by CDP and backed by the United Nations Global Compact, the World Resources Institute and the WWF.
  • Around 42% of EU power companies are aligned with the 1.5C target of the Paris Agreement.