Off the track: New research finds highest-emitting companies off-track to meet Paris climate goals, and puts investors on “emergency footing”.

Landmark ‘State of the Transition’ research assesses 274 high-emitting companies for $14 trillion-backed Transition Pathway Initiative:

•             46% of companies are failing to adequately integrate climate change into their business decisions.

•             Only 1 in 8 companies (12.5%) are reducing carbon emissions at the rate required to keep global warming below 2°

•             $14 trillion network urges investors to adopt “an emergency footing” to get companies moving faster on climate, and avoid “Catch 22 on disclosure”.

•             Report notes that one in four (27%) companies assessed for a second year, however, are improving on climate management.

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