Current corporate targets disclosed through CDP will not reduce emissions enough to limit warming to 1.5C, with only 24 per cent of disclosing companies, covering 5 per cent of emissions, are on track to meet their targets.

The findings come from CDP’s new Corporate Environmental Action tracker that aggregates and tracks climate commitments and action to reduce emissions. The Tracker makes findings from CDP’s climate transition data available to all for the first time via CDP’s website. The tracker gives companies, investors, policymakers, and other interested parties access to insights from the world’s largest corporate environmental data set.

The tracker draws data from nearly 10,000 companies that included emissions values in their disclosures, covering 16 per cent of global emissions. The tracker includes data from some of the world’s most important and influential corporates including the majority of FTSE100 and S&P500.

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