ByGloria DickieandSimon Jessop
June 13, 202312:41 AM PDTUpdated 13 hours ago
[1/2]The Houston Ship Channel and adjacent refineries, part of the Port of Houston, are seen in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott
- Summary
- 75 of biggest have now committed to reaching net-zero
- Most do not cover or are not transparent on Scope 3 emissions
LONDON, June 11 (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 “largely meaningless”, a report showed on Monday.
Some 75 of the world’s largest 112 fossil fuel companies have now committed to reachingnet-zero- the point at which greenhouse gas emissions are negated by deep cuts in output elsewhere and methods to absorb atmospheric carbon dioxide.
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