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the world’s best-known tech giants are emitting more while presenting climate targets that cause a system error due to outdated accounting rules and the voracious appetite for energy of artificial intelligence (AI), according to the latest Corporate Climate Responsibility Monitor.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
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
European consumers need a strong Green Claims Directive to deter false claims, but concerning and unverified reports suggest the proposal is in jeopardy. If policymakers do not reach an ambitious agreement, greenwashing will continue, say environmental groups ECOS, ClientEarth, Carbon Market Watch, and the
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.
Although the European Commission has consulted with a wide range of stakeholders to investigate how to slash emissions from the agrifood sector in the 2030s, the options on the table indicate that the EU is not serious about tackling the roots of the issue.
The EU’s Emissions Trading System is essential to meeting the European Union’s 2040 climate target. Watering the EU ETS down with international carbon credits or carbon removals will prove fatal, concludes a study commissioned by Carbon Market Watch. Under pressure from industry and pro-business
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,
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.
The EU’s latest Carbon Removal Certification Framework (CRCF) methodologies continue to set a much lower standard than the Paris Agreement Crediting Mechanism and best practice in the voluntary carbon market, reveals a new analysis commissioned by Carbon Market Watch and carried out by Öko-Institut.
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