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Most targets don't fully cover or lack transparency on Scope 3 emissions, the main source of fossil fuel firm emissions. Read more at straitstimes.com.

More than 900 of the world's largest publicly listed companies have set net-zero targets, covering $26.4tn of annual revenue, according to Net Zero Tracker. However, its latest report found only 4% would meet the minimum requirements for alignment with the UN-backed Race to Zero campaign, while fossil fuel companies' net-zero targets were dubbed 'largely meaningless'.

By Gloria Dickie and Simon Jessop LONDON (Reuters) - The number of fossil fuel companies setting net-zero emissions targets has risen sharply over the past year, but most fail to address key concerns, making them

The number of fossil fuel companies setting net-zero emissions targets has risen sharply over the past year, but most fail to address key concerns, making them largely meaningless, a report showed on... | June 12, 2023

A world-leading database, maintained by Oxford volunteers, sheds light on the integrity of net zero commitmentsGovernments representing 88% of global emissions and 92% of GDP have pledged to reach net zeroBelow the national level, however, 41% of states and regions do not have any emission targets. Fewer than half of US companies have net zero targets67% of fossil fuel firms