The Paris Agreement set a goal to keep global warming to 1.5°C this century
Only 10pc of energy companies aligned with Paris Agreement – TPI
Majority of firms’ emissions reduction plans are insufficient to keep warming below 1.5°C
Most of the 140 largest energy companies around the world are still taking insufficient action to reduce emissions in line with goals set by the Paris Agreement, according to recent analysis by investor coalition the Transition Pathway Initiative (TPI). The Paris Agreement aims to keep global warming to within 1.5°C this century, but only 14 companies have set emissions reduction targets aligned with that goal. The majority of these firms are electrical utilities, including the US’ Eversource Energy, Con Edison, CMS Energy, AES and PSEG; Germany’s Eon, EnBW and RWE; Spain’s EDP; and Denmark’s Orsted. “The transition is underway within the energy sector and some companies, as shown by this la
Also in this section
12 March 2026
Role of world’s largest carbon cap-and-trade market under scrutiny as war in Iran threatens to drive EU energy costs to unsustainable levels
10 March 2026
Europe urgently needs to bring more projects to FID, as CCS investors warn they might divert capital to faster-growing regions
9 January 2026
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment
2 January 2026
This year may be a defining one for carbon capture, utilisation and storage in the US, despite the institutional uncertainty
