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40 big global firms set climate targets

PARIS: Only 40 of the world's 100 largest private firms have set net-zero carbon emissions targets to fight climate change, according to a report released on Monday, lagging far behind public companies.

But for the world to meet the 2015 Paris Agreement to limit global warming to 1.5 degrees Celsius, all companies need to reduce their planet-heating emissions, the report by the group Net Zero Tracker noted.