Electric Utilities and Automotive industries increasingly off track against climate targets, according to first sector studies released since COP26

Almost all companies across the electric utilities and automotive sectors are set to exceed their 1.5°C warming scenario budgets, new findings from the World Benchmarking Alliance, CDP and ADEME show today. With COP26 now concluded and pressure mounting on businesses, these critical industries are shown to be lagging far behind where they should be on reducing emissions and their reliance on fossil fuels. The largest study of its kind, the research ranks the most influential 50 electric utilities and 30 automotive companies on their commitments and progress on achieving a…

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