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But its commitment is slammed by campaigners as 'empty' and an 'attempt to buy time' due to its failure to commit to divest from coal and oil and gas.
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Transition Pathway Initiative, backed by investors boasting $19 trillion of capital, welcomes stronger climate pledges from leading oil firms, but warns sector is a long way from delivering adequate decarbonization plans.
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Sponsored: Balancing parent company messaging with local CSR needs can be challenging. Here are some tips our energy company would like to share about sustainability reporting.