GIB Asset Management and CDP call for net zero 2030

2050 is ‘not good enough’

clock • 2 min read
Emissions cuts by 2030 are “urgently required”

Emissions cuts by 2030 are “urgently required”

GIB Asset Management and CDP are calling for a change in the net-zero deadline from 2050 to 2030, in order to prevent irreversible global warming.

In a new paper entitled Net-Zero and the Race to 2030, GIB AM and CDP said that emissions cuts by 2030 are "urgently required" to avoid exhausting the world's CO2 budget and temperature rises over 1.5°C. Despite companies pledging net zero, approximately 40% of companies with targets have yet to disclose how they plan to achieve them, leading to greenwashing fears and stakeholder confusion. COP26 Blog: Live updates from events at Glasgow The paper recommends businesses that have not yet pledged net zero to commit to science-based targets, while firms that have set targets must ensu...

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