{"id":74870,"date":"2024-09-10T08:27:21","date_gmt":"2024-09-10T07:27:21","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=news&p=74870"},"modified":"2024-09-10T08:38:58","modified_gmt":"2024-09-10T07:38:58","slug":"report-finds-that-30-of-the-biggest-corporate-emitters-have-long-term-2050-climate-targets-aligned-with-1-5c","status":"publish","type":"news","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/news\/report-finds-that-30-of-the-biggest-corporate-emitters-have-long-term-2050-climate-targets-aligned-with-1-5c\/","title":{"rendered":"30% of the biggest corporate emitters have long-term climate targets aligned with 1.5\u00b0C"},"content":{"rendered":"\n

30% of the biggest corporate emitters have long-term (2050) climate targets aligned with 1.5°C, according to analysis published today (10 September 2024) by the TPI Centre based at the London School of Economics and Political Science.<\/p>\n\n\n\n

Since 2020, the share of companies with long-term (2050) emissions targets aligned with 1.5°C has increased from 7% to 30%. However, the credibility of long-term climate ambitions is often unclear, with many companies lacking intermediate targets and clear quantifications of the key elements of their climate strategies.<\/p>\n\n\n\n

The ‘State of Transition Report 2024<\/path><\/svg><\/a>’ bases its analysis on the Carbon Performance Assessment of 409 companies and the Management Quality progress of over 1,000 of the world’s highest-emitting public companies, which is tracked across 23 indicators ranging from Level 0 ‘unaware’ of climate change to the newly added ‘transition planning’ Level 5. These are the key public companies for both investors and the climate, collectively worth around US$39 trillion.<\/p>\n\n\n\n

Carbon Performance<\/strong><\/p>\n\n\n\n