As global leaders descend on Egypt for COP27, the latest MSCI Net-Zero Tracker has revealed listed companies continue to exceed their climate budgets, reducing the time available to avert a 1.5°C temperature rise.
According to the data, listed companies will deplete their share of the global emissions budget for limiting temperature rise to 1.5°C by December 2026, two months earlier than was estimated in the Q2 2022 net-zero tracker.
The net-zero tracker ...