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May 12, 2022

Companies flock to science-based targets

By Simon Watkins

The Science Based Targets initiative has announced a dramatic rise in companies adopting its standards. But while corporations and asset managers increasingly consider the group as the gold standard for carbon reduction targets, the organisation has its detractors.

The number of companies signed up to the Science Based Targets initiative for carbon emission reductions more than doubled during 2021 to 2,253, representing a market capitalisation of $38tn

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