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Our principles for Paris-aligned business plans

Posted On: 7 May 2021   |   Posted By: Client Earth

Five years on from the signing of the Paris Agreement, there is growing pressure for firms to align their strategies with global net zero emission goals.
The UN's ‘Race to Zero' campaign alone includes more than a thousand firms that have set ambitions to achieve net zero emissions by 2050. And in a recent review, we found that around 50% of FTSE 100 companies disclosed some form of Paris-alignment or net zero target in their annual reporting last year.
The fact that companies are committing to climate targets is a good thing. But the strategies they are developing to reach them often fall short. Recently, a Transition Pathways Initiative report found that despite such commitments, none of the world's biggest oil and gas companies are on track to meet climate goals.
There is a clear gap between ambition and action. To address this, we've developed a set of key principles for companies and investors to ensure that bold commitments are aligned with Paris on the path to net zero.
What are ClientEarth's Paris...

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