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In this year’s update, we modelled GHG emissions through 2035 based on countries’ policies as of July 2025 and compared these emissions to countries’ current NDC targets as of mid-October 2025 to evaluate whether countries are on track to meet them.

This report examines how financial institutions, initiatives and regulators can align with real-economy climate goals. It highlights the limitations of voluntary net-zero pledges and proposes impact levers to drive credible, Paris-aligned action.

The 2025 Corporate Climate Responsibility Monitor (CCRM) analyses the climate strategies of 55 major global companies, critically assessing the extent to which they demonstrate corporate climate leadership.

This chapter of the 2025 Corporate Climate Responsibility Monitor assesses the climate strategies of five major tech companies: Amazon, Apple, Google, Meta and Microsoft, focusing on their GHG emission reduction targets and key transitions for deep sector-wide decarbonisation.

This chapter of the 2025 Corporate Climate Responsibility Monitor assesses the climate strategies of five major fashion companies: adidas, H&M Group, Inditex, lululemon and Shein, focusing on their GHG emission reduction targets and key transitions for deep sector-wide decarbonisation.

The 2024 CCRM analyses the climate strategies of 51 major global companies, critically assessing the extent to which they demonstrate corporate climate leadership.