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Reuters
Reuters
Business
By Simon Jessop, Lananh Nguyen and Paritosh Bansal

Davos 2023: CEOs face challenge over sluggish climate efforts

The logo of the World Economic Forum (WEF) 2023 is seen at Davos Congress Centre, in the Alpine resort of Davos, Switzerland, January 16, 2023. REUTERS/Arnd Wiegmann

A return to Davos by corporate titans and their bankers after recent record Alpine temperatures has turned a spotlight on just how quickly they are moving to rein in carbon emissions.

The number of organisations pledging to get to net-zero emissions by mid-century has soared in recent years, up 60% to more than 11,000 in September 2022, U.N. figures showed.

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