51 major companies, including H&M Group, Nestle, and Toyota, have climate targets averaging 30% emissions reduction by 2030, falling short of the 43% needed for 1.
51 major companies, including H&M Group, Nestle, and Toyota, have been found to have inadequate climate targets, according to a report by NewClimate Institute and Carbon Market Watch. These companies' emissions reduction goals average at 30% by 2030, falling short of the 43% needed to limit global warming to 1.5 degrees Celsius by 2050. The report highlights that while some companies have improved their targets, many still have vague, partial, or offset-reliant goals, leading to effective targets of 5%-20%.
April 08, 2024
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