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UN’s Race to Zero Draws Climate Pledges From a Fifth of FTSE 100

  • Astra Zeneca, Vodafone among firms with strict climate goals
  • Premier’s envoy seeks company pledges to eliminate emissions

Almost a fifth of FTSE 100 companies have signed up to a United Nations pledge to eliminate their carbon emissions by 2050, as U.K. Prime Minister Boris Johnson strives to inject momentum into domestic efforts to fight climate change.

Nineteen members of the U.K.’s benchmark stock index, with a market capitalization of about 715 billion pounds ($987 billion), have committed to the UN’s Race to Zero campaign, Andrew Griffith, the premier’s climate envoy to business, said in an interview. They include AstraZeneca Plc, Vodafone Group Plc and Rolls Royce Holdings Plc, he said.