Taken together, the brands scrutinized in this report—mostly household names including H&M Group, Nestle and Toyota—accounted for 16 percent of global emissions in 2022.
Climate activists calling themselves the Greenwash Guerrillas greet delegates as they arrive for the The Guardian Climate Change Summit 2008 at the Business Design Centre in London, on July 16, 2008.PARIS, France — From carmakers to fast fashion, dozens of major international companies are failing to reduce their greenhouse gas emissions at the pace required to slow climate change , a report said Tuesday.
But their efforts were "critically insufficient" to limit global temperature rises to 1.5 degrees Celsius—the safer limit set under the 2015 Paris climate agreement. The companies assessed in this report—majors from the automotive, food and agriculture, fashion and energy sectors—were rated against the honesty of their climate pledges and progress toward the 1.5-degree-Celsius benchmark.Italian and Spanish energy giants Enel and Iberdrola led the pack with a "reasonable" integrity rating.Toyota told AFP that while it had not seen the report, its 2050 commitments had been certified by the benchmark Science-Based Target initiative .
None of the five brands analyzed—H&M Group, Nike, Adidas, Zara owner Inditex and Uniqlo owner Fast Retailing—had plans to transition to business models that produced and sold fewer products. "We need robust legislation and also regulations to compel companies to do what they need to do and not what they wish to do," Faecks said.GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursedHOKA opens two new stores as running gains popularity among FilipinosMost Filipinos support reducing plastic to fight pollution, climate change — poll
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