Global / International treaty
Paris Agreement
Paris Agreement under the UN Framework Convention on Climate Change (2015)
In force2026-01-27Modified
Topic : Climate · Level : National
Today
In force. US left Paris on 27 Jan 2026; US UNFCCC exit effective 27 Feb 2027. 157 countries filed 2035 NDC targets by Nov 2026.
Summary
The Paris Agreement binds Parties to limit warming well below 2C through five-yearly NDCs. The US withdrawal took effect in January 2026. Over 150 countries have filed 2035 NDCs.
Who is concerned
- Turnover
- non précisé
- Employees
- non précisé
- Listed company
- non précisé
- Sectors
- All sectors via national law
- Triggering activities
- Binds Parties; firms via national laws
- Extraterritorial reach
- No
non précisé
- Examples
- Parties' NDCs drive EU ETS, China ETS
- Company targets aligned to 1.5C
What the law requires
- Parties: submit NDCs every 5 years
- Parties: report under Enhanced Transparency Framework
- Parties: pursue 1.5-2C goal and adaptation
Penalties
None; facilitative compliance committee.
SUPPLIER INTELLIGENCE
What this changes for a supplier in China
China's NDC 3.0 (7-10% cut from peak by 2035) drives ETS expansion to steel, cement, aluminium. US exit does not change EU or China rules.
Expected evidence
- Scope 1-2 inventory
- ETS compliance data where covered
- Decarbonisation plan
Tiers : Tier 1
Net Zero Pulse