majority world’s companies made almost no progress on limiting global warming since 2018

London, June 8 (IANS) The vast majority of the worlds biggest companies have done almost nothing in the past five years to cut their planet-heating pollution enough to avoid catastrophic climate change, according to a media report.

Large companies are either more likely to contribute to extreme levels of warming or are not disclosing their greenhouse gas emissions at all, according to a new report from ESG Book, CNN reported.

The leading sustainability data provider found that the efforts of just 22 per cent of the world's

500 biggest public companies by market value are aligned with the Paris Agreement, aimed at limiting global warming to 1.5-degree Celsius above preindustrial levels. That's a measly gain from 18 per cent of firms in 2018, CNN reported.

Climate scientists consider a 1.5-degree rise in the average global temperature a key tipping point, beyond which the chances of extreme flooding, drought, wildfires and food shortage could increase dramatically.

Almost half, or 45 per cent, of companies are aligned with warming of at least 2.7-degree