news

21st November 2023 News

Over 75% of Companies Have Cut Emissions Intensity Since Paris Agreement: Accenture

According to a new study by Accenture more than three quarters of large companies globally have succeeded in cutting their operational emissions intensity, or the emissions per unit of revenue, since the implementation of the Paris Agreement in 2016. However, less than a fifth are on track to achieve net zero emissions by 2050 – the goal required to meet the ambition to limit global warming to 1.5°C.
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Earth to warm up to 2.9C even with current climate pledges: UN

As per the UN, countries’ greenhouse gas-cutting pledges will put Earth on track for warming far beyond key limits, potentially up to a catastrophic 2.9 degrees Celsius this century.

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ESG Chronicle Team