None of the 51 large companies surveyed – including Adidas, Nestlé, Volkswagen and H&M – have set climate targets that are compatible with the 1.5-degree goal. On average, they commit to reducing their greenhouse gas emissions by 30 percent by 2030 compared to the base year of 2019. This falls short by 13 percentage points of what is necessary, as shown by the annual Corporate Climate Responsibility Monitor (CCRM) released on Tuesday by the New Climate Institute and Carbon Market Watch.