Investors With $54 Trillion Say Net Zero Requires Drastic Action

For all the talk of reaching net-zero emissions, the world’s largest polluters are a long way from achieving that goal.

That’s the findings of an analysis of companies’ climate ambitions and progress towards net zero from Climate Action 100+, an investor group that seeks to pressure the largest carbon emitters to cut their greenhouse-gas emissions. The investors found that none of the 159 companies they studied has fully disclosed how they will eliminate their net emissions. And while 83 of them have said they plan to reach net zero by 2050, only half of those commitments include emissions generated by customers using their products.