Rapid reductions in fossil fuel production and use are essential to limit global warming to 1.5℃ compared to pre-industrial levels. Our new research shows most of the world’s major coal, oil and gas companies are yet to make meaningful reductions.
Some companies have been quick to announce net-zero targets or other claims of alignment with the Paris Agreement. But how do their actions compare to what must be done to achieve the agreed goal of keeping the temperature increase below 1.5℃?
