Latest news and publications

Credit where it is not due: No proven connection between the use of carbon credits and climate ambition
A review of existing studies finds that there is insufficient evidence to support the hypothesis that corporate investments in the voluntary carbon market increase a company’s climate ambition.

No corporation gets top marks for its climate strategy – report
Amid soaring emissions, not one of the corporations evaluated in the latest Corporate Climate Responsibility Monitor received a clean bill of health for its climate strategy, though some isolated improvements occurred. This highlights the vital importance of governments stepping up to better regulate the climate action of the private sector.

Fashionably late: Better-fitting climate strategies but fashion sector still needs to roll up its sleeves – report
With H&M Group at their helm, some of the world’s largest clothing companies are belatedly improving their ill-fitting climate strategies, but none have refashioned their business model along sustainable lines, according to the latest Corporate Climate Responsibility Monitor. Shein came bottom of the league due its failure to take any meaningful action.

Logic errors: Energy-hungry tech sector veers off sustainable climate path, despite its claims – report
Some of the world’s best-known tech giants are emitting more while presenting climate targets that cause a system error due to outdated accounting rules and the voracious appetite for energy of artificial intelligence (AI), according to the latest Corporate Climate Responsibility Monitor. Fixing this requires a major reboot of their climate strategies.

FIFA’s Club World Cup kicks climate and social concerns into the long grass
FIFA’s latest grand tournament, the month-long Club World Cup has kicked off in the USA. The expanded 32-team games flex the football industry’s money making power, while spotlighting its disregard for people and planet.

Cream of a disappointing crop: Danone makes greatest climate progress of slow-moving agrifood corporations – report
Despite some good initiatives, the climate strategies of top food and agriculture corporations are not cutting the mustard, according to a preview of the Corporate Climate Responsibility Monitor. Danone ranks highest among the assessed companies, while JBC and PepsiCo are bottom of the class.

FAQ: How companies can support external climate action
FAQ on how companies can support external climate action.

Draft mechanism methodology: Energy efficiency measures in household cooking – CMW submission
This is Carbon Market Watch’s submission to the Article 6.4 mechanism of the Paris Agreement’s draft methodology on energy efficiency measures in household cooking.

Draft methodological tool: Fraction of non-renewable biomass – CMW input
This submission is in response to a call for input from the Article 6.4 Supervisory Body for the for its ‘Draft Methodological tool: Fraction of
