'Deficit of credibility': Net zero targets at publicly-listed firms falling short of UN standards, report warns

Net zero targets at the world's largest publicly listed companies are largely failing to meet the new integrity standards set out by the United Nations, a new analysis has warned. The Net Zero Tracker initiative assessed thousands of climate plans against the 'anti-greenwash' standards set out by the UN's non-state net zero target taskforce last week and found that just half of the 799 companies with net zero targets in place have backed up their goal with detailed transition plans. A similar share were found to have disclosed whether they will use offsets to reach their goals or not. ...