Climate change: listed firms burn through carbon emissions budget faster, set to blow it all by early 2026, MSCI finds
- Global listed firms will by April 2026 exceed an emissions limit that would restrain warming to 1.5 degrees Celsius, MSCI says
- That date is three months earlier than MSCI projected in July
The world’s listed companies are on track to blow past a greenhouse-gas limit that would restrain global warming to a level that would let humanity avoid the most damaging and costly outcomes of climate change, according to MSCI. In fact, they are hurtling towards the limit at an accelerating pace.
The 9,152 constituent firms of the MSCI All Country World Investable Market Index will by April 2026 use up the “budget” for emissions that would limit warming to 1.5 degrees Celsius above pre-industrial levels, the index provider said in the latest MSCI Net-Zero Tracker report, published on Wednesday.
That is three months earlier than MSCI projected in July.
The report comes ahead of the United Nations-led COP28 global climate summit that starts on November 30 in Dubai, where countries are meant to discuss further mitigation and adaptation commitments.
“Global ambition stagnated over the past year, and national climate plans are strikingly misaligned with the science,” the UN said in a report late on Tuesday.
