World’s biggest firms failing over net-zero claims, research suggests
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Some of the world’s biggest businesses are failing to live up to claims they will hit net-zero emissions targets, according to research that suggests they will cut their carbon emissions by only 40% rather than the 100% cuts claimed.
Household names such as Amazon, Ikea, Nestlé and Unilever are among the companies named as showing little substance to their claims that they will cut emissions drastically.
Thomas Day of NewClimate Institute, who compiled the report, said that taken in aggregate, the efforts of the 25 companies studied would make little impact. “It is not clear these reductions take us beyond business as usual,” he said. “We were very disappointed and surprised at how much room for improvement there was [among the companies studied]. Companies need to be much more transparent about these goals.”
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