According to a new assessment of net-zero initiatives in the public and private sectors, corporate pledges to reduce greenhouse gas emissions fall short of what is needed to tackle climate change due to major credibility gaps. Approximately half of the Fortune 2000 corporations have yet to disclose plans to achieve net-zero emissions.
Some of the topics discussed include:
- Many companies have yet to set emission goals to net-zero targets before 2050
- Need for government to impose legal standards and regulations to ensure net-zero
- Incorporation of carbon offsets into the plan
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