Corporate workshop plants the seeds for greenwashing

An event presented to EU policymakers as presenting stakeholders perspectives on carbon farming credits was instead an industry sales pitch for offsetting. CMW’s Marlène Ramón Hernández gives us the inside scoop The professional service multinational Deloitte recently organised a workshop for the European Commission, which was billed as offering perspectives on financing large-scale deployment of …

Cover of agrifood CCRM

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.

New VCMI guidance risks justifying carbon offsetting and delaying real corporate climate action, NGOs say

In new guidance, the Voluntary Carbon Markets Integrity Initiative (VCMI) is promoting the use of carbon credits to camouflage the fact that companies grappling with their indirect (scope 3) emissions are off track to reach their commitments. But carbon credits must not replace direct emissions reductions, NGOs warn.

Mural reading 'act now'

Dozens endorse statement on alternative approach to climate action outside corporate value chains

Dozens of stakeholders have signed a joint statement urging companies and organisations to ditch outdated ‘carbon neutrality’ models and replace them with robust alternative approaches to climate action outside corporate value chains that provide much-needed finance without making unsubstantiated claims.