The pledges from oil majors to reach net zero are falling short of requirements to fall within the limits defined in the Paris Agreement, according to an analyst note from Carbon Tracker. It states that “companies that continue to assume growth and sanction projects outside climate limits risk creating stranded assets, potentially destroying significant shareholder value,” while noting that targets must be expanded to address net-zero across scope 1, 2 and 3 emissions, and that interim targets are critical to ensure timely action. In ranking the targets of the oil majors, Eni came out on top, despite no pledge to fully reach net zero, due to its strong intentions upstream. Unsurprisingly ExxonMobil brings up the rear, with targets only covering…