Related Articles
The Paris Agreement set a goal to keep global warming to 1.5°C this century
Forward article link
Share PDF with colleagues

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



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Turbine manufacturers post major losses
26 January 2022
GE and Siemens Gamesa Renewable Energy have announced multimillion-dollar losses over 2021 and the past quarter, while Vestas posts cautious 2022 guidance
New EIB-backed energy efficiency fund to tackle ‘huge underinvestment’
26 January 2022
Solas Sustainable Energy Fund to support energy efficiency projects mainly in Germany, Spain and Ireland and is aimed at small-to-mid-size insurers and pension funds
Crediting emissions saved in plugging oil and gas wells
26 January 2022
Avoided emissions could be credited as carbon offsets and sold on exchanges
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video