"Study Reveals Shocking Lack of Climate Action Among Top Companies"
A report by the Net Zero Tracker, an independent data consortium including Oxford University, reveals that while half of the world's top 2,000 listed companies have set a target to achieve net-zero emissions by mid-century, only 4% of these targets meet the United Nations' guidelines for quality pledges. The report shows that just a fraction of the corporate targets cover all emissions, start immediate emissions reductions, and provide annual progress updates. The findings come ahead of the COP28 climate talks in Dubai, where the pace of change among governments and corporations will be a key focus.