United Nations-backed campaign ‘Race to Zero’ on Wednesday unveiled a tighter set of baseline criteria for the growing number of firms pledging to reducing greenhouse gas emissions.
The updated criteria will be reflected in the commitments of a variety of partner organizations marshaling the climate efforts of various sectors, ranging from banks to insurers and asset managers.
The new standards are the result of more than 200 independent experts consulting together, and they will affect many of the world’s largest corporations, many of which have already joined such efforts and publicly committed to achieving net-zero emissions.
