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The report cards are in. Corporate Australia has been marked on how it’s progressing towards net zero emissions, and many of the results are surprising – both
KEY CONCEPTS On January 20, 2021, President Biden announced that the U.S. is rejoining the Paris Agreement—an international agreement designed to avert catastrophic climate change. The central goal of the agreement is to hold global average temperatures to well below 2°C (3.6°F) above pre-industrial levels, and to pursue efforts to limit warming to 1.5°C (2.7°F). It was an amazing feat to pass the Paris Agreement, but the work ahead won’t be easy. A 1.5°C target would require a global emissions decrease of 7.6% per year from 2020 to 2030, or a decrease of 2.7% per year for the 2°C t...