Listed companies 'to make Earth 2.9°C warmer by 2100'

At this rate, listed companies are on track to make the world 2.9°C warmer by the end of the century, significantly missing the Paris Agreement target to stay below 1.5°C. Emissions need to be cut by roughly 50% by 2030 to reach the target. The latest MSCI Net Zero Tracker revealed the findings as the world prepares for the COP27 climate conference, at which countries gather in a bid to prevent a global climate emergency. According to the MCSI data, listed companies will deplete their share of the global emissions budget for limiting temperature rise to 1.5°C by December 2026, two ...