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Industry

Third of Global Market Cap Covered by Emissions Reduction Targets

SBTi annual progress report marks momentum toward 1.5°C-aligned targets, but flags geographic and sectoral gaps.

The number of firms taking a science-based approach to CO2 emission reductions doubled in 2021, according to a new report by the Science-Based Targets initiative (SBTi). A total of 2,253 companies across 70 countries and 15 industries have approved emissions reductions targets or commitments with the organisation, with 80% of…

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