Just 10% of the world's largest 132 coal, electricity and oil and gas companies have set time-based commitments to reduce their greenhouse gas emissions to net-zero, with just three companies also pledging to reduce indirect emissions as well.

With energy accounting for almost three-quarters of global emissions, the report has found that businesses within the sector are failing to align with the Paris Agreement by delivering net-zero emissions by 2050 at the latest.

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